Global Telecom High Return On Equity, Low Debt

Itissalat Al-Maghrib (IAM)

Market Cap: د.م103.4b

Provides various telecommunication solutions in Morocco and internationally.

Sonatel

Market Cap: XOF 2.6t

Provides telecommunications services in Senegal, Mali, Guinea Bissau, Guinea Conakry, and Sierra Leone.

MTN Uganda

Market Cap: USh6.7t

Provides telecommunication and mobile financial services in Uganda.

Chief Telecom

Market Cap: NT$27.8b

Provides network integration, internet data center, communications integration, and cloud application services in Taiwan and internationally.

Blu Label Unlimited Group

Market Cap: R11.9b

Provides prepaid products and distributes virtual electronic merchandise in South Africa and internationally.

Bahnhof

Market Cap: SEK 6.2b

Engages in the Internet and telecommunications business in Sweden and rest of Europe.

Jasmine Technology Solution

Market Cap: ฿17.5b

Through its subsidiaries engages in the design and installation of telecommunication systems, telecom service, bitcoin mining, and other businesses in Thailand.

Remala Abadi

Market Cap: Rp6.5t

Operates as an internet service provider in Indonesia.

Tattelecom

Market Cap: ₽10.3b

Tattelecom Public Joint-Stock Company provides telecommunications services for business and home clients in the Republic of Tatarstan.

Air-U

Market Cap: JP¥21.6b

Air-U Ltd. operates as a mobile service provider in Japan.

Kore Digital

Market Cap: ₹2.1b

Engages in the provision of telecommunication infrastructure services in India.

Telestrada

Market Cap: zł49.5m

Provides telecommunication services to business and individual customers.