NEW YORK ( TheStreet) -- The following companies from the telecom industry based out of countries like China, France, Russia and the U.K. have strong potential upsides, based on quarterly results reported or soon to be released. Moreover, some of these companies generate attractive dividend yields.

A Research and Market report on Telecom 2011 says there are more than 5 billion global mobile subscribers, compared to less than 500 million subscribers in 1999. China and India offer huge potential for growth, driven by desirable demographics and the interest shown by large carriers and private investors.

With emerging markets at the forefront, global mobile growth is forecast robust, with AT&T ( T), NTT DoCoMo ( DCM) and Verizon Communications ( VZ) the top three global carriers in terms of sales.

Analysts expect these six telecom stocks to generate 10% to 49% upside over the next 12 months. These stocks have an average buy rating of 57% and zero sell rating. The dividend yield for these stocks ranges from 2% to 10%.

The stocks are stacked based on upside, great to greatest.

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