| Name | Country | Market Cap (US$) |
|---|
| AT&T Inc. | United States | 153,072 |
| Telefonica SA | Spain | 134,390 |
| Qualcomm, Inc. | United States | 73,243 |
| France Télécom | France | 68,450 |
| Deutsche Telekom AG | Germany | 61,660 |
| Nippon Telegraph & Telephone Corp | Japan | 54,838 |
| Nokia Corporation | Finland | 48,631 |
| Comcast Corporation | United States | 40,537 |
| Singapore Telecommunications Ltd. | Singapore | 36,501 |
| Telstra Corporation Ltd. | Australia | 35,739 |
| TeliaSonera AB | Sweden | 30,382 |
| Koninklijke KPN N.V. | Netherlands | 30,199 |
| Hutchison Whampoa Ltd. | Hong Kong | 29,321 |
| MTN Group Limited | South Africa | 27,843 |
| Corning Inc. | United States | 23,762 |
| Swisscom AG | Switzerland | 20,612 |
| Vimpel Communications OJSC | Russia | 19,869 |
| BCE Inc. | Canada | 18,943 |
| Chunghwa Telecom Co., Ltd. | Taiwan | 18,690 |
| BT Group plc | United Kingdom | 17,613 |
| PT Telekomunikasi Indonesia | Indonesia | 16,491 |
| Telefonos de Mexico S.A.B. de C.V. | Mexico | 15,684 |
| Mobile Telecommunications Company KSC | Bahrain | 15,600 |
| Carso Global Telecom S.A. de C.V. | Mexico | 14,236 |
| Turk Telekomunikasyon A.S. | Turkey | 11,023 |
| Vivo Participacoes S.A | Brazil | 10,619 |
| Portugal Telecom S.G.P.S., S.A. | Portugal | 10,395 |
| Philippine Long Distance Telephone Company | Philippines | 10,192 |
| CenturyTel, Inc. | United States | 10,187 |
| Telus Corporation | Canada | 9,407 |
| OTE S.A. | Greece | 8,529 |
| Telemar Norte Leste S.A. | Brazil | 8,196 |
| TDC AS | Denmark | 8,187 |
| Advanced Info Service pcl | Thailand | 8,132 |
| Tele Norte Leste Partricipacoes SA | Brazil | 8,046 |
| Telekomunikacja Polska S.A. | Poland | 7,997 |
| Sprint Nextel Corp | United States | 7,969 |
| Reliance Communications Ltd | India | 7,768 |
| Telekom Austria AG | Austria | 7,563 |
| EMAAR Properties pjsc | United Arab Emirates | 6,882 |
| KT Corporation | South Korea | 6,738 |
| BEZEQ The Israeli Telecommunication Corp Ltd | Israel | 5,995 |
| Cable & Wireless plc | United Kingdom | 5,932 |
| TIM Participacoes SA | Brazil | 5,730 |
| Taiwan Mobile Company Ltd | Taiwan | 5,487 |
| Telecom Egypt Company | Egypt | 5,316 |
| Brasil Telecom S.A. | Brazil | 5,149 |
| DIGI.Com Bhd | Malaysia | 5,004 |
| NII Holdings, Inc. | United States | 4,621 |
| HT-Hrvatske telekomunikacije d.d. | Croatia | 4,523 |
| Magyar Telekom Telecommunications Rt. | Hungary | 4,216 |
| Mobistar N.V./S.A. | Belgium | 4,159 |
| Emirates Integrated Telecommunications Company | United Arab Emirates | 4,029 |
| GVT (Holding) S.A. | Brazil | 3,920 |
| Far EasTone Telecommunications Co., Ltd | Taiwan | 3,706 |
| Telecom Corporation of New Zealand Ltd. | New Zealand | 3,603 |
| Idea Cellular Ltd. | India | 3,555 |
| Telephone & Data Systems, Inc. | United States | 3,272 |
| Tele Norte Celular Participacoes S.A | Brazil | 3,261 |
| Elisa Corporation | Finland | 3,176 |
| Telekom Malaysia Bhd. | Malaysia | 3,148 |
| Empresa Nacional de Telecomunicaciones S.A. | Chile | 3,112 |
| Cellcom Israel Ltd. | Israel | 3,053 |
| Telenet Group Holding NV | Belgium | 2,978 |
| Partner Communications Co Ltd. | Israel | 2,933 |
| Total Access Communication Public Co Ltd | Thailand | 2,800 |
| Globe Telecom Inc. | Philippines | 2,664 |
| PT Indosat Tbk | Indonesia | 2,574 |
| Tata Communications Limited | India | 2,213 |
| Manitoba Telecom Services Inc. | Canada | 1,957 |
| Polycom, Inc. | United States | 1,898 |
| Teleperformance SA | France | 1,862 |
| Comstar United Telesystems | Russia | 1,838 |
| Telefonica de Argentina S.A. | Argentina | 1,773 |
| BYD Electronic (International) Company Limited | Hong Kong | 1,640 |
| Telekom Slovenije dd | Slovenia | 1,433 |
| P.T. Excelcomindo Pratama | Indonesia | 1,320 |
| Eesti Telekom | Estonia | 1,214 |
| Moscow City Telephone Network | Russia | 1,184 |
| Compania Anonima Nacional Telefonos de Venezuela | Venezuela | 1,173 |
| SK Broadband Co., Ltd. | South Korea | 1,148 |
| OJSC Kazakhtelecom | Kazakhstan | 1,124 |
| Pakistan Telecommunication Company Ltd | Pakistan | 1,122 |
| Ukrtelecom JSC | Ukraine | 1,120 |
| Tata Teleservices Maharashtra Ltd | India | 1,104 |
| Hikari Tsushin, Inc. | Japan | 1,047 |
| Mahanagar Telephone Nigam Ltd. MTNL | India | 1,004 |
| Sudan Telecommunications Company | Sudan | 1,004 |
| Jazztel plc | Spain | 966 |
| Axtel, S.A.B. de C.V. | Mexico | 953 |
| Spice Communications Limited | India | 941 |
| Global Crossing Ltd. | Bermuda | 791 |
| Central Communication Company JSC | Russia | 762 |
| True Corporation pcl | Thailand | 736 |
| NTELOS Holdings Corp | United States | 655 |
| GTL Infrastructure Limited | India | 642 |
| Visionchina Media, Inc. | China | 639 |
| ADC Telecommunications, Inc. | United States | 634 |
| Netia S.A. | Poland | 595 |
| Asia Satellite Telecommunications Holdings Ltd. | Hong Kong | 591 |
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