I don't think China Mobile is No.1Refer to Fortune 500 list (http://money.cnn.com/magazines/fortune/global500/2008/full_list/). China Mobile is only No. 148, or No. 8 in telecom industry Numbers? at&t Revenue 118.93 billion, profit 11.95 billion Telefonica Revenue 77.25 billion, profit 12.19 billion France Telecom Revenue 72.49 billion, profit 8.62 billion Vodafone Revenue 71.20 billion, profit 13.37 billion What about China mobile? Revenue 47.06 billion, profit 8.43 billion You can easily see the huge difference here.