Two of the largest countries in terms of population are in Asia. Despite the phenomenal growth in the total mobile phone subscriptions in India and China in the past few years, the cell phone to population penetration rate remains low in these two countries. Emerging markets in general offer the greatest potential for mobile phone companies. However because of the population Asia-Pacific has better opportunities for growth. It is interesting to note that the Asia Pacific had 46% of the global total subscriptions last year.

The following Telecom ADRs offer some options to invest in the mobile phone market of Asia Pacific:

1. Company: Hutchison Telecommunications International (HTX)
Hong Kong
Dividend Yield: No Dividends paid

2. PT Indosat (IIT)
Indonesia
Dividend Yield: 2.65%

3. NTT Docomo (NTT)
Japan
Dividend Yield: 3.69%

4. Partner Communications Co (PTNR)
Israel
Dividend Yield: 9.40%

5. China Mobile (CHL)
China
Dividend Yield: 3.55%

6. SKM Telecom (SKM)
South Korea
Dividend Yield: No Dividends paid

7. Vodafone Group (VOD)
UK
Dividend Yield:3.80%

8. Philippine Long Distance Telephone (PHI)
Philippines
Dividend Yield:5.91%

9. China Unicom Ltd (CHU)
China
Dividend Yield:2.45%

10. Hurray! (HRAY)
China
Dividend Yield:No Dividends paid

11. KongZhong (KONG)
China
Dividend Yield:No Dividends paid