Subsidiaries are included within a parent group as per reported consolidation. Minority holdings (less than 50 percent plus one share) are included where a group does so within its audited financial statements.
Data for connections is shown as the period-ending value, excluding customers from any subsidiaries that have been divested over the course of the year. Revenue data is annualised, such that revenue attributed to any qualifying subsidiary is included on a quarterly basis over the four quarters provided the subsidiary meets the rules for consolidation in the respective quarter.
The ranking gives equal weighting to period-ending connections and annualised mobile revenue in determining final positions. The ranking by connections and revenue is combined to give an overall ‘score’, with a lower combined score ranking higher. For example, Vodafone is ranked second by connections and fifth by revenue, giving it a combined score of 7 (2+5). This ranks the group second behind China Mobile, which scores 2 (1+1), as it the largest group by both connections and revenue. Where scores are tied, the rank by connections is used as the deciding factor.
Subsidiaries are included within a parent group as per reported consolidation. Minority holdings (less than 50 percent plus one share) are included where a group does so within its audited financial statements.
Data for connections is shown as the period-ending value, excluding customers from any subsidiaries that have been divested over the course of the year. Revenue data is annualised, such that revenue attributed to any qualifying subsidiary is included on a quarterly basis over the four quarters provided the subsidiary meets the rules for consolidation in the respective quarter.
The ranking gives equal weighting to period-ending connections and annualised mobile revenue in determining final positions. The ranking by connections and revenue is combined to give an overall ‘score’, with a lower combined score ranking higher. For example, Vodafone is ranked second by connections and fifth by revenue, giving it a combined score of 7 (2+5). This ranks the group second behind China Mobile, which scores 2 (1+1), as it the largest group by both connections and revenue. Where scores are tied, the rank by connections is used as the deciding factor.
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