The Largest Communication Services Companies by Market Cap in March 2026

Alphabet, Meta Platforms, and Tencent dominate the communications sector.

By Lyle Daly – Updated Feb 6, 2026 at 1:08 PM EST | Fact-checked by Frank Bass

Key Points

Alphabet leads in market cap at $3.6 trillion in the communications sector.
Meta Platforms engages in AI development and extensive tech connectivity.
Tencent dominates as China's largest tech entity, investing in global gaming.

Alphabet (GOOG -2.45%) (GOOGL -2.30%) is the top communications company by market cap, followed by Meta Platforms (META -3.91%) and Tencent (TCEHY -0.89%). This is a valuable market sector, mainly due to a few of the largest communications companies at the very top.

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Communication network around Earth. — Image source: Getty Images.

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Ticker Information Table
Name and ticker	Market cap	Current price	Industry
Alphabet (NASDAQ:GOOGL)	$3.3 trillion	$274.47	Interactive Media and Services
Meta Platforms (NASDAQ:META)	$1.3 trillion	$526.14	Interactive Media and Services
Tencent (OTC:TCEHY)	$562.0 billion	$62.18	Interactive Media and Services
Netflix (NASDAQ:NFLX)	$394.5 billion	$93.57	Entertainment
T-Mobile US (NASDAQ:TMUS)	$232.3 billion	$210.82	Wireless Telecommunication Services
Verizon Communications (NYSE:VZ)	$212.2 billion	$50.31	Diversified Telecommunication Services
AT&T (NYSE:T)	$203.7 billion	$29.10	Diversified Telecommunication Services
Deutsche Telekom Ag (OTC:DTEGF)	$177.3 billion	$36.65	Diversified Telecommunication Services
Walt Disney (NYSE:DIS)	$163.7 billion	$92.48	Entertainment

Data as of Mar 29, 2026. Showing 9 of 9 tickers.

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NASDAQ: GOOG

Alphabet

Today's Change

(-2.45%) $-6.89

Current Price

$273.85

Key Data Points

Market Cap

$3.4T

Day's Range

$273.48 - $279.06

52wk Range

$142.66 - $350.15

Volume

791K

Avg Vol

22M

Gross Margin

59.68%

Dividend Yield

0.31%

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NASDAQ: GOOGL

Alphabet

Today's Change

(-2.30%) $-6.45

Current Price

$274.47

Key Data Points

Market Cap

$3.3T

Day's Range

$273.96 - $279.37

52wk Range

$140.53 - $349.00

Volume

1.4M

Avg Vol

33M

Gross Margin

59.68%

Dividend Yield

0.31%

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Alphabet is the parent company of Google, the world's most widely used search engine. Other products and services offered through Google include its Chrome web browser, Gmail, the Pixel line of smartphones, and the artificial intelligence (AI) assistant Gemini. Alphabet owns several other major companies, including YouTube, Waymo, Waze, Nest, and Fitbit.

In 2024, a judge ruled that Google's search business is an illegal monopoly. In September 2025, another judge ruled against the harshest penalties proposed by the U.S. Department of Justice, including the breakup of Google through the sale of Chrome or Android. Google can also still pay partners to preload its search engine onto their products, but it can no longer demand exclusivity as part of those deals.

2. Meta Platforms

Market cap: $1.67 trillion (as of March 5)
Revenue (TTM): $201.0 billion
Gross profit (TTM): $164.8 billion
Five-year annualized return: 20.98%
Year founded: 2004

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NASDAQ: META

Meta Platforms

Today's Change

(-3.91%) $-21.40

Current Price

$526.14

Key Data Points

Market Cap

$1.3T

Day's Range

$520.27 - $543.59

52wk Range

$479.80 - $796.25

Volume

2.2M

Avg Vol

15M

Gross Margin

82.00%

Dividend Yield

0.40%

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Meta Platforms aims to connect people through technology. It's the parent company of Facebook, Instagram, Messenger, and WhatsApp. It also develops virtual reality (VR) and augmented reality (AR) devices, including the Meta Quest.

The company is using AI to automate ad creation and is helping to develop AI-powered military products. Meta also launched an AI superintelligence unit, Meta Superintelligence Labs, in June 2025. And it entered into a $14.2 billion AI cloud infrastructure agreement with CoreWeave (CRWV -6.95%) in September 2025.

3. Tencent

Market cap: $577.00 billion (as of March 5)
Revenue (TTM): $102.1 billion*
Gross profit (TTM): $55.8 billion*
Five-year annualized return: -5.60%
Year founded: 1998

*Converted from Chinese yuan.

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OTC: TCEHY

Tencent

Today's Change

(-0.89%) $-0.56

Current Price

$62.18

Key Data Points

Market Cap

$562B

Day's Range

$61.64 - $62.68

52wk Range

$52.30 - $87.68

Volume

3.4M

Avg Vol

3.4M

Gross Margin

54.91%

Dividend Yield

0.92%

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Tencent is a holding company that focuses on internet and technology services. It's the largest publicly traded company in China and one of the world's largest video game companies, a position it has bolstered this year with major investments in Ubisoft Entertainment (UBSFY +0.00%) and Lighthouse Games.

This company offers multiple instant messaging apps, including WeChat. It also operates a film production company, a video streaming service, music ventures, and several other products and services.

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NASDAQ: NFLX

Netflix

Today's Change

(0.27%) $0.25

Current Price

$93.57

Key Data Points

Market Cap

$394B

Day's Range

$92.75 - $95.56

52wk Range

$75.01 - $134.12

Volume

2.3M

Avg Vol

49M

Gross Margin

48.59%

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With more than 325 million subscribers, Netflix (NFLX +0.12%) is the world's most popular streaming service. It started as a mail-based DVD rental service before launching its streaming service in 2007. Netflix boasts a massive content library of movies, TV shows, and games, with more than half of its content in the U.S. being Netflix Originals.

In 2024, Netflix began a push toward live sports. It streamed the boxing match between Mike Tyson and Jake Paul, which Netflix claims was the most-streamed sporting event ever, and aired multiple NFL games.

5. China Mobile

Market cap: $248.50 billion* (as of March 5)
Revenue (TTM): $150.5 billion*
Gross profit (TTM): $89.1 billion*
Five-year annualized return: 6.61%
Year founded: 1997

*Converted from Chinese yuan.

China Mobile is a state-owned telecommunications company in China. It's the largest wireless carrier in China and the world, with more than 1 billion customers as of the third quarter of 2025.

The company's links to the Chinese government have led to U.S. sanctions. The New York Stock Exchange delisted China Mobile in 2021, and the Federal Communications Commission (FCC) designated China Mobile's U.S. subsidiary a national security threat in 2022.

6. T-Mobile US

Market cap: $246.68 billion (as of March 5)
Revenue (TTM): $88.3 billion
Gross profit (TTM): $55.5 billion
Five-year annualized return: 13.12%
Year founded: 1994

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NASDAQ: TMUS

T-Mobile US

Today's Change

(-0.36%) $-0.77

Current Price

$210.82

Key Data Points

Market Cap

$232B

Day's Range

$210.66 - $214.02

52wk Range

$181.36 - $272.60

Volume

6.1M

Avg Vol

6.1M

Gross Margin

47.63%

Dividend Yield

1.80%

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NYSE: VZ

Verizon Communications

Today's Change

(-0.85%) $-0.43

Current Price

$50.31

Key Data Points

Market Cap

$212B

Day's Range

$50.28 - $51.45

52wk Range

$38.39 - $51.68

Volume

26M

Avg Vol

32M

Gross Margin

45.79%

Dividend Yield

5.44%

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While it's not the largest by market cap, Verizon Communications (VZ -0.85%) is the No. 1 U.S. wireless carrier in terms of subscribers -- more than 146 million at the end of 2025. Like other major wireless companies, Verizon also offers home internet service.

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8. AT&T

Market cap: $205.38 billion (as of March 5)
Revenue (TTM): $125.6 billion
Gross profit (TTM): $74.8 billion
Five-year annualized return: 5.82%
Year founded: 1983

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NYSE: T

AT&T

Today's Change

(0.62%) $0.18

Current Price

$29.10

Key Data Points

Market Cap

$204B

Day's Range

$28.82 - $29.36

52wk Range

$22.95 - $29.79

Volume

38M

Avg Vol

45M

Gross Margin

42.93%

Dividend Yield

3.81%

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With more than 120 million subscribers at the end of 2025, AT&T (T +0.86%) is the third-largest U.S. wireless carrier. It offers postpaid and prepaid wireless plans, home internet, and phone and device sales.

AT&T has streamlined its services in recent years. The wireless company used to own DirecTV but spun that off into a new company in 2021. It also previously owned WarnerMedia, which it sold in 2021.

9. Deutsche Telekom

Market cap: $200.46 billion (as of March 5)
Revenue (TTM): $136.5 billion*
Gross profit (TTM): $83.6 billion*
Five-year annualized return: 17.06%
Year founded: 1995

*Converted from euros.

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OTC: DTEGF

Deutsche Telekom Ag

Today's Change

(-0.62%) $-0.23

Current Price

$36.65

Key Data Points

Market Cap

$177B

Day's Range

$36.11 - $36.65

52wk Range

$30.00 - $41.29

Volume

560

Avg Vol

Gross Margin

24.49%

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Deutsche Telekom (DTEGF -0.62%) is a German telecommunications company. It's partially state-owned, with the German government holding a direct stake. Deutsche Telekom has more than a dozen subsidiaries, including T-Mobile.

10. Walt Disney

Market cap: $181.61 billion (as of March 5)
Revenue (TTM): $95.7 billion
Gross profit (TTM): $35.7 billion
Five-year annualized return: -11.33%
Year founded: 1923

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NYSE: DIS

Walt Disney

Today's Change

(-2.40%) $-2.27

Current Price

$92.48

Key Data Points

Market Cap

$164B

Day's Range

$92.19 - $94.24

52wk Range

$80.10 - $124.69

Volume

699K

Avg Vol

12M

Gross Margin

31.61%

Dividend Yield

1.35%

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The Largest Communications Services Companies by Market Cap in March 2026

Alphabet, Meta Platforms, and Tencent dominate the communications sector.

Key Points

Key Data Points

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2. Meta Platforms

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3. Tencent

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5. China Mobile

6. T-Mobile US

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8. AT&T

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9. Deutsche Telekom

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10. Walt Disney

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Largest companies by market cap in the communications sector

1. Alphabet

2. Meta Platforms

4. Netflix

8. AT&T

Related investing topics

Key Data Points

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3. Tencent

5. China Mobile

6. T-Mobile US

7. Verizon Communications

9. Deutsche Telekom

10. Walt Disney

Communications sector takeaways for investors