Telecom Wins Best Asian Carrier Award

Telecom Wins Best Asian Carrier Award

Telecom New Zealand has been voted Best Asian Carrier in the annual Telecom Asia Awards.

The Telecom Asia Awards, held since 1998, are Asia’s premiere telecom industry awards. Winners are selected in 11 categories, including Best Carrier, Best CEO and Best GSM Carrier, on the basis of financial performance, market leadership and corporate governance.

Telecom Chief Executive Theresa Gattung said the Telecom Group’s selection as the Best Asian Carrier showed the company had become a top performing carrier for the Asian region.

“This is a great moment for Telecom and AAPT – and for our customers who can be assured that they are being served by a company that is second to none in the region,” Ms Gattung said.

“Telecom has achieved pleasing results for overall revenue performance in the past year and this Award shows that Telecom’s solid performance is recognised and truly valued by our industry peers.”

Judges considered the extent to which Telecom uses industry-leading services, technologies and management practices to retain or grow market share, increase shareholder value and attain other performance objectives.

Judges also considered the transparency of Telecom’s operations, accountability of management to board and shareholders, relationship between company and shareholders, its role as corporate citizen, relations between management and staff.

Other carriers considered for the Best Asian Carrier Award included NTT, Telstra, SingTel, which has won the award for the past six years since the awards were first established, and PCCW.

The Telecom Asia Awards are judged on a combination of factors including financial performance , which is given a weighting of 40%. An expert judging panel then made judgments on the basis of corporate governance, leadership, and innovation, each of which is worth 20%.

Now in its seventh year, the Telecom Asia Awards 2004 were presented in Singapore today in ten categories including Best Asian Carrier, Best Telecom CEO, Best GSM Carrier, Best CDMA Carrier, Best Competitive Carrier, Best Emerging Market Carrier, Best Broadband or ISP, Best Managed Services or Wholesale Carrier, Best Satellite Operator and Most Innovative New Technology or Service.

For further information on the Telecom Asia Awards is available at: http://www.telecomasia.net

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