The Largest Communication Services Companies by Market Cap in June 2026

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

By Lyle Daly – Updated Jun 3, 2026 at 2:00 PM EST | Fact-checked by Frank Bass

Key Points

Alphabet leads in market cap at $4.4 trillion in the communications sector.
Meta Platforms innovates with AI in ads and military products.
Tencent is the top video game company and largest in China by market cap.

Alphabet (GOOG -0.76%) (GOOGL -0.69%) is the top communications company by market cap, followed by Meta Platforms (META +4.26%) and Tencent (TCEHY -3.65%). 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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Largest companies by market cap in the communications sector

(Editor's note: Rankings are as of June 2, 2026.)

Ticker Information Table
Name and ticker	Market cap	Current price	Industry
Alphabet (NASDAQ:GOOGL)	$4.3 trillion	$359.34	Interactive Media and Services
Meta Platforms (NASDAQ:META)	$1.6 trillion	$623.12	Interactive Media and Services
Tencent (OTC:TCEHY)	$525.3 billion	$58.13	Interactive Media and Services
Netflix (NASDAQ:NFLX)	$343.3 billion	$81.58	Entertainment
SoftBank Group (OTC:SFTBF)	$296.3 billion	$52.00	Wireless Telecommunication Services
T-Mobile US (NASDAQ:TMUS)	$196.4 billion	$181.39	Wireless Telecommunication Services
Verizon Communications (NYSE:VZ)	$194.8 billion	$46.65	Diversified Telecommunication Services
Walt Disney (NYSE:DIS)	$172.6 billion	$99.39	Entertainment
AT&T (NYSE:T)	$163.6 billion	$23.55	Diversified Telecommunication Services

Data as of Jun 4, 2026. Showing 9 of 9 total entries.

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1. Alphabet

Market cap: $4.38 trillion (as of June 2)
Revenue (TTM): $422.5 billion
Gross profit (TTM): $255.1 billion
Five-year annualized return: 25.88%
Year founded: 1998 (Google), 2015 (Alphabet)

TTM = trailing 12 months.

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NASDAQ: GOOG

Alphabet

Today's Change

(-0.76%) $-2.71

Current Price

$355.68

Key Data Points

Market Cap

$4.3T

Day's Range

$354.39 - $362.50

52wk Range

$163.33 - $404.47

Volume

2.5K

Avg Vol

19.8M

Gross Margin

60.43%

Dividend Yield

0.24%

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NASDAQ: GOOGL

Alphabet

Today's Change

(-0.69%) $-2.51

Current Price

$359.34

Key Data Points

Market Cap

$4.3T

Day's Range

$358.10 - $366.39

52wk Range

$162.00 - $408.61

Volume

9.8K

Avg Vol

28.9M

Gross Margin

60.43%

Dividend Yield

0.23%

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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 March 2026, Google and Meta lost a social media addiction case in California. A jury found the companies liable for $3 million in damages for allegedly designing their products to be addictive. Google plans to appeal the verdict.

2. Meta Platforms

Market cap: $1.52 trillion (as of June 2)
Revenue (TTM): $215.0 billion
Gross profit (TTM): $176.1 billion
Five-year annualized return: 12.78%
Year founded: 2004

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NASDAQ: META

Meta Platforms

Today's Change

(4.26%) $25.49

Current Price

$623.12

Key Data Points

Market Cap

$1.6T

Day's Range

$600.31 - $624.15

52wk Range

$520.26 - $796.25

Volume

Avg Vol

16.3M

Gross Margin

81.94%

Dividend Yield

0.34%

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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 developing AI-powered military products. Meta also launched Meta Superintelligence Labs, an AI superintelligence unit, in June 2025.

3. Tencent

Market cap: $543.98 billion (as of June 2)
Revenue (TTM): $111.2 billion*
Gross profit (TTM): $62.5 billion*
Five-year annualized return: -7.40%
Year founded: 1998

*Converted from Chinese yuan.

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OTC: TCEHY

Tencent

Today's Change

(-3.65%) $-2.20

Current Price

$58.13

Key Data Points

Market Cap

$525B

Day's Range

$58.12 - $59.35

52wk Range

$54.12 - $87.68

Volume

4.8M

Avg Vol

4.3M

Gross Margin

54.78%

Dividend Yield

1.16%

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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 -2.87%) 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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4. Netflix

Market cap: $350.89 billion (as of June 2)
Revenue (TTM): $46.9 billion
Gross profit (TTM): $23.0 billion
Five-year annualized return: 11.46%
Year founded: 1997

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NASDAQ: NFLX

Netflix

Today's Change

(-2.10%) $-1.75

Current Price

$81.58

Key Data Points

Market Cap

$343B

Day's Range

$81.10 - $83.28

52wk Range

$75.01 - $134.12

Volume

4.8K

Avg Vol

38.5M

Gross Margin

49.44%

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With more than 325 million subscribers, Netflix (NFLX -2.17%) It 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 and aired multiple NFL games.

5. SoftBank Group

Market cap: $312.07 billion (as of June 2)
Revenue (TTM): $48.7 billion*
Gross profit (TTM): $25.1 billion*
Five-year annualized return: 25.25%
Year founded: 1981

*Converted from Japanese yen.

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OTC: SFTBF

SoftBank Group

Today's Change

(-4.99%) $-2.73

Current Price

$52.00

Key Data Points

Market Cap

$296B

Day's Range

$50.04 - $53.00

52wk Range

$12.27 - $58.08

Volume

9.3K

Avg Vol

25.3K

Gross Margin

51.53%

Dividend Yield

0.14%

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SoftBank Group (SFTBF -4.99%) is a Japanese telecommunications and investment company. It has invested heavily in tech companies, starting with Yahoo! in 1995. It also partnered with Chinese e-commerce giant Alibaba (BABA -2.53%) in 2000.

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6. China Mobile

Market cap: $274.90 billion* (as of June 2)
Revenue (TTM): $155.3 billion*
Gross profit (TTM): $90.4 billion*
Five-year annualized return: 12.11%
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 at the end 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.

7. T-Mobile US

Market cap: $204.35 billion (as of June 2)
Revenue (TTM): $90.5 billion
Gross profit (TTM): $56.3 billion
Five-year annualized return: 5.68%
Year founded: 1994

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NASDAQ: TMUS

T-Mobile US

Today's Change

(-3.94%) $-7.44

Current Price

$181.39

Key Data Points

Market Cap

$196B

Day's Range

$180.50 - $187.00

52wk Range

$180.44 - $261.56

Volume

Avg Vol

5.6M

Gross Margin

46.65%

Dividend Yield

2.17%

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T-Mobile (TMUS -3.94%) is the second-largest wireless company in the U.S. by number of subscribers. It had about 142 million customers at the end of 2025.

The bulk of T-Mobile's business comes from its postpaid and prepaid wireless plans, but it also offers home internet service and even online banking services. To enhance its home internet, it completed the acquisition of fiber-to-the-home provider Lumos in April 2025.

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8. Verizon Communications

Market cap: $199.88 billion (as of June 2)
Revenue (TTM): $139.1 billion
Gross profit (TTM): $81.8 billion
Five-year annualized return: -3.28%
Year founded: 1983

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NYSE: VZ

Verizon Communications

Today's Change

(-2.55%) $-1.22

Current Price

$46.65

Key Data Points

Market Cap

$195B

Day's Range

$46.14 - $47.55

52wk Range

$38.39 - $51.68

Volume

12.1K

Avg Vol

24.4M

Gross Margin

45.50%

Dividend Yield

5.93%

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While it's not the largest by market cap, Verizon Communications (VZ -2.69%) is the No. 1 U.S. wireless carrier, with more than 146 million subscribers at the end of 2025. Like other major wireless companies, Verizon also offers home internet service.

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9. Walt Disney

Market cap: $176.10 billion (as of June 2)
Revenue (TTM): $97.3 billion
Gross profit (TTM): $36.1 billion
Five-year annualized return: -10.47%
Year founded: 1923

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NYSE: DIS

Walt Disney

Today's Change

(-1.99%) $-2.02

Current Price

$99.39

Key Data Points

Market Cap

$173B

Day's Range

$99.25 - $101.27

52wk Range

$92.19 - $124.69

Volume

3.4K

Avg Vol

9.4M

Gross Margin

31.63%

Dividend Yield

1.26%

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Walt Disney (DIS -1.99%) is one of the world's most iconic media and entertainment companies. Its entertainment division includes film production, multiple streaming services, and TV channels. The experiences division has theme parks, resorts, cruises, and vacation packages. Disney also has a sports division led by ESPN.

10. AT&T

Market cap: $171.21 billion (as of June 2)
Revenue (TTM): $125.6 billion
Gross profit (TTM): $74.8 billion
Five-year annualized return: 2.09%
Year founded: 1983

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NYSE: T

AT&T

Today's Change

(-4.42%) $-1.09

Current Price

$23.55

Key Data Points

Market Cap

$164B

Day's Range

$23.45 - $24.20

52wk Range

$22.95 - $29.79

Volume

21K

Avg Vol

39.7M

Gross Margin

43.08%

Dividend Yield

4.71%

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With more than 120 million subscribers at the end of 2025, AT&T (T -4.42%) 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.

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Alphabet and Meta anchor communication services at the top

The communications sector comprises a diverse range of companies in interactive media, entertainment, and telecommunications, but it's top-heavy. Alphabet alone is worth more than the rest of the top 10 combined. Meta is also far larger than most other communications companies.

Still, investors have plenty of options in this sector. Wireless companies are common, and although they sometimes underperform the overall stock market, they are often good dividend stocks.

Interactive media and entertainment companies, on the other hand, tend to be growth stocks. Many of these companies are somewhat volatile and can be heavily affected by economic downturns. This can lead to short-term turbulence, but there are always valuable investment opportunities among the best communications stocks.

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The Largest Communications Services Companies by Market Cap in June 2026

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

Key Points

Largest companies by market cap in the communications sector

1. Alphabet

Key Data Points

Key Data Points

2. Meta Platforms

Key Data Points

3. Tencent

Key Data Points

4. Netflix

Key Data Points

5. SoftBank Group

Key Data Points

6. China Mobile

7. T-Mobile US

Key Data Points

8. Verizon Communications

Key Data Points

9. Walt Disney

Key Data Points

10. AT&T

Key Data Points

Alphabet and Meta anchor communication services at the top

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1. Alphabet

Key Data Points

Key Data Points

2. Meta Platforms

Key Data Points

3. Tencent

Key Data Points

4. Netflix

Key Data Points

5. SoftBank Group

Key Data Points

6. China Mobile

7. T-Mobile US

Key Data Points

8. Verizon Communications

Key Data Points

9. Walt Disney

Key Data Points

10. AT&T

Key Data Points

Alphabet and Meta anchor communication services at the top

The Largest Energy Companies by Market Cap in June 2026

The Largest Consumer Staples Companies by Market Cap in June 2026

The Largest Technology Companies by Market Cap in June 2026

The Largest Companies by Market Cap in June 2026