| Name | Country | Market Cap (US$) |
|---|
| AT&T Inc. | United States | 159,799 |
| Telefonica SA | Spain | 138,813 |
| Qualcomm, Inc. | United States | 75,899 |
| France Télécom | France | 68,815 |
| Deutsche Telekom AG | Germany | 63,927 |
| Nippon Telegraph & Telephone Corp | Japan | 53,975 |
| Nokia Corporation | Finland | 48,176 |
| Comcast Corporation | United States | 43,020 |
| Telstra Corporation Ltd. | Australia | 38,897 |
| Singapore Telecommunications Ltd. | Singapore | 33,879 |
| TeliaSonera AB | Sweden | 32,166 |
| Koninklijke KPN N.V. | Netherlands | 29,708 |
| Hutchison Whampoa Ltd. | Hong Kong | 29,183 |
| MTN Group Limited | South Africa | 29,135 |
| Corning Inc. | United States | 26,236 |
| Swisscom AG | Switzerland | 21,988 |
| BCE Inc. | Canada | 20,434 |
| Vimpel Communications OJSC | Russia | 19,777 |
| Chunghwa Telecom Co., Ltd. | Taiwan | 19,229 |
| BT Group plc | United Kingdom | 18,879 |
| PT Telekomunikasi Indonesia | Indonesia | 18,145 |
| Telefonos de Mexico S.A.B. de C.V. | Mexico | 16,173 |
| Carso Global Telecom S.A. de C.V. | Mexico | 14,555 |
| Mobile Telecommunications Company KSC | Bahrain | 13,509 |
| Vivo Participacoes S.A | Brazil | 11,106 |
| Sprint Nextel Corp | United States | 10,818 |
| CenturyTel, Inc. | United States | 10,776 |
| Portugal Telecom S.G.P.S., S.A. | Portugal | 10,773 |
| Turk Telekomunikasyon A.S. | Turkey | 10,376 |
| Philippine Long Distance Telephone Company | Philippines | 10,331 |
| Telus Corporation | Canada | 10,306 |
| TDC AS | Denmark | 9,853 |
| Telemar Norte Leste S.A. | Brazil | 8,944 |
| Tele Norte Leste Partricipacoes SA | Brazil | 8,459 |
| Telekom Austria AG | Austria | 7,883 |
| Telekomunikacja Polska S.A. | Poland | 7,788 |
| OTE S.A. | Greece | 7,508 |
| Reliance Communications Ltd | India | 7,354 |
| Advanced Info Service PCL | Thailand | 7,280 |
| KT Corporation | South Korea | 6,905 |
| EMAAR Properties pjsc | United Arab Emirates | 6,899 |
| TIM Participacoes SA | Brazil | 6,216 |
| Cable & Wireless plc | United Kingdom | 6,083 |
| BEZEQ The Israeli Telecommunication Corp Ltd | Israel | 5,869 |
| Brasil Telecom S.A. | Brazil | 5,758 |
| Taiwan Mobile Company Ltd | Taiwan | 5,630 |
| Telecom Egypt Company | Egypt | 5,287 |
| NII Holdings, Inc. | United States | 5,136 |
| DIGI.Com Bhd | Malaysia | 5,057 |
| HT-Hrvatske telekomunikacije d.d. | Croatia | 4,549 |
| Magyar Telekom Telecommunications Rt. | Hungary | 4,238 |
| Mobistar N.V./S.A. | Belgium | 4,215 |
| GVT (Holding) S.A. | Brazil | 4,084 |
| Far EasTone Telecommunications Co., Ltd | Taiwan | 3,767 |
| Emirates Integrated Telecommunications Company | United Arab Emirates | 3,528 |
| Telecom Corporation of New Zealand Ltd. | New Zealand | 3,357 |
| Telephone & Data Systems, Inc. | United States | 3,337 |
| Elisa Corporation | Finland | 3,318 |
| Empresa Nacional de Telecomunicaciones S.A. | Chile | 3,265 |
| Idea Cellular Ltd. | India | 3,259 |
| Telekom Malaysia Bhd. | Malaysia | 3,138 |
| Telenet Group Holding NV | Belgium | 3,009 |
| Cellcom Israel Ltd. | Israel | 2,996 |
| Tele Norte Celular Participacoes S.A | Brazil | 2,966 |
| PT Indosat Tbk | Indonesia | 2,898 |
| Partner Communications Co Ltd. | Israel | 2,800 |
| Globe Telecom Inc. | Philippines | 2,686 |
| Tata Communications Limited | India | 2,298 |
| Total Access Communication Public Co Ltd | Thailand | 2,244 |
| Manitoba Telecom Services Inc. | Canada | 1,973 |
| Teleperformance SA | France | 1,914 |
| Comstar United Telesystems | Russia | 1,899 |
| Polycom, Inc. | United States | 1,879 |
| BYD Electronic (International) Company Limited | Hong Kong | 1,756 |
| Telefonica de Argentina S.A. | Argentina | 1,739 |
| P.T. Excelcomindo Pratama | Indonesia | 1,420 |
| OJSC Kazakhtelecom | Kazakhstan | 1,369 |
| Telekom Slovenije dd | Slovenia | 1,291 |
| Eesti Telekom | Estonia | 1,178 |
| Compania Anonima Nacional Telefonos de Venezuela | Venezuela | 1,173 |
| SK Broadband Co., Ltd. | South Korea | 1,162 |
| Ukrtelecom JSC | Ukraine | 1,123 |
| Moscow City Telephone Network | Russia | 1,118 |
| Axtel, S.A.B. de C.V. | Mexico | 1,098 |
| Pakistan Telecommunication Company Ltd | Pakistan | 1,080 |
| Tata Teleservices Maharashtra Ltd | India | 1,036 |
| Mahanagar Telephone Nigam Ltd. MTNL | India | 991 |
| Sudan Telecommunications Company | Sudan | 991 |
| Hikari Tsushin, Inc. | Japan | 951 |
| Spice Communications Limited | India | 926 |
| Jazztel plc | Spain | 906 |
| Central Communication Company JSC | Russia | 732 |
| Global Crossing Ltd. | Bermuda | 730 |
| NTELOS Holdings Corp | United States | 714 |
| GTL Infrastructure Limited | India | 685 |
| Visionchina Media, Inc. | China | 667 |
| True Corporation pcl | Thailand | 640 |
| Netia S.A. | Poland | 618 |
| Asia Satellite Telecommunications Holdings Ltd. | Hong Kong | 596 |
| ADC Telecommunications, Inc. | United States | 587 |
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