Recommended Mobile Web ad sizes

The reason is that Mobile Web are regular websites viewed thru a browser and websites that are not optimized for Mobile Web do not offer 300x50.  
The 320x50 banner is used for InApp advertising.

Ad size Description Desktop & Mobile web* Mobile apps*
300x250 Also known as a medium rectangle. Tends to have more ad inventory available from advertisers, which can increase earnings when both text and image ads are enabled. 

Performs well when embedded within text content or at the end of articles.
728x90 Also known as a leaderboard. Tends to have more ad inventory available from advertisers, which can increase earnings when both text and image ads are enabled. 

Performs well if placed above main content, and on forum sites. 

Can also be used with tablet-optimized pages.

160x600 Also known as a wide skyscraper. Tends to have more ad inventory available from advertisers, which can increase earnings when both text and image ads are enabled. 

Best if used along sidebars of webpages. 

POP            Mobile Pop-up 

A pop-up appears on the main browser window 
The pop-up is a full screen ad that displays directly the landing page 
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