| T-Mobile US Inc | TMUS | 275.5B | 240.16 | 272.83 | 161.62 |
| AT&T Inc | T | 199.5B | 27.33 | 28.30 | 16.27 |
| Verizon Communications Inc | VZ | 185.5B | 43.48 | 45.76 | 36.61 |
| China Mobile Limited | CHL | 149.2B | 0.00 | 46.53 | 30.12 |
| America Movil SAB de CV ADR Class A | AMOV | 66B | 20.75 | 21.82 | 15.86 |
| America Movil SAB de CV ADR | AMX | 52.9B | 17.32 | 19.25 | 13.42 |
| Venture Global, Inc. | VG | 38.6B | 9.84 | 0.00 | 0.00 |
| Chunghwa Telecom Co Ltd | CHT | 33.9B | 43.56 | 44.12 | 36.12 |
| Orange SA ADR | ORAN | 30.1B | 9.96 | 11.83 | 9.58 |
| Telefonica SA ADR | TEF | 28B | 4.82 | 5.15 | 3.89 |
| Zoom Video Communications Inc | ZM | 25.8B | 83.85 | 89.03 | 55.32 |
| Telus Corp | TU | 23.9B | 15.70 | 16.37 | 13.21 |
| Vodafone Group PLC ADR | VOD | 23.5B | 9.27 | 10.07 | 8.05 |
| BCE Inc | BCE | 19.9B | 21.63 | 33.63 | 20.87 |
| China Unicom (Hong Kong) Limited | CHU | 18.6B | 0.00 | 11.15 | 5.08 |
| Telkom Indonesia (Persero) Tbk PT ADR Rep 100 B | TLK | 16.4B | 16.37 | 20.87 | 13.24 |
| Telefonica Brasil SA ADR | VIV | 16.2B | 9.91 | 10.10 | 7.44 |
| Shaw Communications Inc Class B | SJR | 14.9B | 30.18 | 30.33 | 23.61 |
| Rogers Communications Inc | RCI | 14.1B | 25.36 | 39.99 | 23.54 |
| Lumen Technologies Inc | CTL | 10.2B | 0.00 | 15.30 | 8.45 |
| KT Corporation | KT | 9.4B | 19.37 | 20.10 | 12.73 |
| TIM Participacoes SA | TIMB | 8.5B | 17.31 | 17.76 | 10.70 |
| SK Telecom Co Ltd ADR | SKM | 7.9B | 20.32 | 24.27 | 19.99 |
| SentinelOne Inc | S | 6.7B | 20.12 | 28.68 | 16.17 |
| GCI Liberty Inc | GLIBA | 6.5B | 0.00 | 79.06 | 26.51 |
| GCI Liberty Inc | GLIBP | 6.1B | 0.00 | 29.27 | 18.10 |
| Millicom International Cellular SA | TIGO | 6B | 35.80 | 36.06 | 21.34 |
| InterDigital Inc | IDCC | 5.7B | 216.23 | 225.01 | 108.10 |
| Turkcell Iletisim Hizmetleri AS | TKC | 5.5B | 6.30 | 7.93 | 5.72 |
| United States Cellular Corporation | USM | 5.3B | 61.03 | 69.95 | 42.98 |
| TIM Participações S.A | TSU | 5B | 0.00 | 20.32 | 10.29 |
| PLDT Inc ADR | PHI | 5B | 23.51 | 27.16 | 20.38 |
| Mobil’nye Telesistemy PAO ADR | MBT | 4.7B | 5.50 | 9.63 | 5.50 |
| Lumen Technologies Inc | LUMN | 4.2B | 4.18 | 10.12 | 0.99 |
| Telephone and Data Systems Inc | TDS | 4B | 34.40 | 40.26 | 16.82 |
| VEON Ltd | VEON | 3.9B | 54.92 | 54.92 | 25.38 |
| Telecom Argentina SA ADR | TEO | 3.4B | 11.10 | 14.18 | 5.77 |
| Internet Initiative Japan Inc ADR | IIJIY | 3.2B | 37.21 | 43.57 | 27.14 |
| Iridium Communications Inc | IRDM | 2.8B | 25.65 | 33.25 | 21.57 |
| Cogent Communications Group Inc | CCOI | 2.5B | 50.41 | 83.13 | 48.93 |
| Globalstar, Inc. Common Stock | GSAT | 2.3B | 18.66 | 34.35 | 15.45 |
| IHS Holding Ltd | IHS | 2.1B | 6.15 | 6.28 | 2.57 |
| Gogo Inc | GOGO | 1.7B | 12.20 | 12.56 | 6.30 |
| IDT Corporation | IDT | 1.5B | 59.13 | 60.82 | 34.80 |
| Radius Global Infrastructure Inc | RADI | 1.5B | 15.00 | 15.00 | 8.09 |
| Loral Space & Communications Inc | LORL | 1.3B | 41.52 | 55.16 | 18.29 |
| Partner Communications Company Ltd | PTNR | 1.2B | 3.50 | 0.00 | 0.00 |
| Altice USA Inc | ATUS | 1.1B | 2.83 | 3.11 | 1.57 |
| Liberty Latin America Ltd | LILA | 1.1B | 5.33 | 10.48 | 4.50 |
| Liberty Latin America Ltd Class C | LILAK | 1.1B | 5.43 | 10.60 | 4.54 |
| Oi S.A | OIBR-C | 1.1B | 0.81 | 2.50 | 0.79 |
| ORBCOMM Inc | ORBC | 0.9B | 11.49 | 11.55 | 3.40 |
| Cable One Inc | CABO | 895.9M | 164.70 | 418.79 | 152.51 |
| Cincinnati Bell Inc | CBB | 788.2M | 1.19 | 15.50 | 1.19 |
| Ribbon Communications Inc | RBBN | 640.9M | 3.62 | 5.14 | 2.83 |
| Shenandoah Telecommunications Co | SHEN | 640.2M | 11.70 | 21.14 | 10.50 |
| Boingo Wireless Inc | WIFI | 626.5M | 0.00 | 15.71 | 8.76 |
| Cellcom Israel Ltd | CEL | 608.4M | 0.00 | 5.46 | 2.62 |
| Consolidated Communications | CNSL | 558M | 4.72 | 4.72 | 4.23 |
| Anterix Inc | ATEX | 528.1M | 28.81 | 42.18 | 27.73 |
| Ooma Inc | OOMA | 380.6M | 13.80 | 16.04 | 7.32 |
| Spok Holdings Inc | SPOK | 348.5M | 16.77 | 16.94 | 13.39 |
| Sify Technologies Limited | SIFY | 332.9M | 4.67 | 10.08 | 1.92 |
| HC2 Holdings Inc | HCHC | 284.8M | 3.68 | 4.48 | 2.15 |
| FingerMotion Inc | FNGR | 230.9M | 4.54 | 4.57 | 1.07 |
| ATN International Inc | ATNI | 221.9M | 14.69 | 32.62 | 14.45 |
| Radcom Ltd | RDCM | 212.6M | 13.07 | 15.40 | 9.05 |
| Alaska Communications Systems Group Inc | ALSK | 184.2M | 3.40 | 3.81 | 1.91 |
| B Communications Ltd | BCOM | 181.9M | 0.00 | 2.06 | 0.52 |
| GTT Communications Inc | GTT | 139.8M | 2.36 | 8.24 | 1.40 |
| Kaleyra Inc | KLR | 91.1M | 7.24 | 7.25 | 1.58 |
| Innovate Corp | VATE | 79.8M | 5.96 | 13.39 | 3.28 |
| Surgepays Inc | SURG | 58.2M | 2.64 | 4.28 | 1.13 |
| Intelsat S.A | I | 57M | 0.00 | 27.29 | 0.37 |
| Ucloudlink Group Inc | UCL | 47.6M | 1.28 | 2.90 | 0.84 |
| Otelco Inc | OTEL | 40.2M | 0.71 | 0.00 | 0.00 |
| Frontier Communications Corporation | FTR | 27.3M | 0.00 | 2.17 | 0.18 |
| Mer Telemanagement Solutions Ltd | MTSL | 16.4M | 3.37 | 5.69 | 1.11 |
| SITO Mobile Ltd | SITO | 3.7M | 0.00 | 1.19 | 0.03 |
| Inventrgy Global | INVT | 474.6K | 0.02 | 0.12 | 0.01 |
| Alvarion Ltd | ALVRQ | 87.1K | 0.00 | 0.00 | 0.00 |
| Pareteum Corp | TEUM | 14.3K | 0.00 | 0.14 | 0.00 |
| ZipLink Inc | ZIPL | 13K | 0.00 | 0.00 | 0.00 |
| COMSovereign Holding Corp | COMS | 2.7K | 0.00 | 0.21 | 0.00 |
| TVC Telecom Inc | TVCE | 1.7K | 0.00 | 0.00 | 0.00 |
| Cuentas Inc | CUEN | 1.4K | 0.00 | 0.39 | 0.00 |
| Chagee Holdings Limited American Depositary Shares | CHA | 0 | 30.01 | 0.00 | 0.00 |
| Oi S.A | OIBR.C | 0 | 0.00 | | |
