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Executive Summary

Table1: Money-making machines
Top 10 mobile cellular operators, ranked by equity-based global subscribers, 1998

Rank Mobile operator (headquarters) Subscribers (000s)(1) Revenue (US$ m) Pre-tax profit (US$ m) Profit / revenue
1 NTT DoCoMo (Japan) 23'897 26'163 2'939 11.2%
2 TIM (Italy) 14'299 7'169 2'564 35.8%
3 AirTouch (USA) (2) 14'072 5'181 1'041 20.1%
4 Vodafone (UK) (2) 10'445 5'417 1'508 27.8%
5 BAM (USA) 8'600 3'798 343 9.0%
6 BellSouth (USA) (3) 8'235 4'725 524 11.1%
7 AT&T (USA) (4) 7'198 5'406 118 2.2%
8 SBC (USA) 6'851 4'184 490 11.7%
9 China Telecom (Hongkong SAR) (5) 6'531 3'182 1'134 35.6%
10 Omnitel (Italy) 6'190 2'792 505 18.1%
  Top 10 16'318 68'016 11'167 16.4%

Note: (1) Consolidated worldwide subscribers (equity-based). (2) AirTouch and Vodafone merged in July 1999. (3) Revenue and profit refer to domestic wireless and international operations. (4) Profit refers to EBIT (Earnings before interest and taxes). (5) Subsidiary of China Telecom and holding company for three operators on the mainland.

Source: ITU Public Telecommunication Operators Database, PTO annual reports.

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Updated : 2007-08-28