| Name | Country | Market Cap (US$) |
|---|
| China Mobile Limited | Hong Kong | 261,598 |
| Hutchison Whampoa Ltd. | Hong Kong | 43,380 |
| Saudi Telecom Company | Saudi Arabia | 32,935 |
| Telenor ASA | Norway | 32,453 |
| KDDI Corporation | Japan | 27,187 |
| The Williams Companies, Inc. | United States | 22,091 |
| American Tower Corporation | United States | 15,784 |
| Belgacom SA | Belgium | 13,971 |
| Telmex Internacional SAB de CV | Mexico | 13,736 |
| Turkcell Iletisim Hizmetleri A.S. | Turkey | 13,602 |
| SK Telecom Company, Ltd. | South Korea | 13,200 |
| Liberty Global, Inc | United States | 10,194 |
| Brasil Telecom Participacoes S.A. | Brazil | 7,957 |
| Qatar Telecom QSA | Qatar | 7,693 |
| Etihad Etisalat Company | Saudi Arabia | 7,100 |
| TM International Bhd | Malaysia | 6,749 |
| MetroPCS Communications, Inc. | United States | 5,266 |
| SCANA Corporation | United States | 4,257 |
| SBA Communications Corporation | United States | 3,691 |
| Citizens Communications Company | United States | 3,667 |
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