China Telecom ranked 141st by revenue in "Fortune Global 500" for the year 2018. (Fortune July 2018 issue)
China Telecom Corporation Limited was honored with the following corporate governance grand awards in "Asian Excellence Awards 2018", organized by Corporate Governance Asia, a leading regional journal on corporate governance:
- Best CEO
- Best CFO
- Best Investor Relations
"Asian Excellence Awards" recognizes corporates' achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations. These awards are in the tradition of the high standards set and uphold by Corporate Governance Asia, the authoritative voice in corporate governance practices in the region. The accolades are based both on the scores from the data that was submitted by readers and from interviews conducted with investors.
China Telecom ranked 174th in "The Forbes Global 2000" for the Year 2018, which was based on a composite ranking from four metrics: sales, profit, assets and market value.
China Telecom Corporation Limited was named "Most Honored Company (2009-2018)", at the "Asia's Best Managed Companies Poll 2018" by FinanceAsia.
"Most Honored Company (2009-2018)" is a special accolade by FinanceAsia in recognition of China Telecom's remarkable award-winning track record in previous "Asia's Best Managed Companies Polls", as well as the Company's unflagging pursuit and outstanding achievement in overall corporate governance, investor relations and corporate social responsibility, during the past decade since 2009.
In addition, the Company also snatched five No. 2 China awards:
- Best Managed Company
- Most Committed to Corporate Governance
- Best at Investor Relations
- Best CEO
- Best CFO
China Telecom Corporation Limited was awarded "The Best of Asia - Icon on Corporate Governance" in the "Corporate Governance Asia's Recognition Awards 2017", organized by Corporate Governance Asia, a leading regional journal on corporate governance. It is the 11th time the Company honored with this award. In addition, Mr. Yang Jie, Chairman & CEO, was honored with "Asian Corporate Director Recognition Award 2017".
"Corporate Governance Asia's Recognition Awards" honors corporates who have outstanding performance on various aspects including quality of management, their business model, growth prospects, financial performance and relative position in their industries. Corporate Governance Asia honors corporates that remain in good standing as far as corporate governance is concerned.
China Telecom Corporation Limited was accredited with "Platinum Award – Excellence in Environmental, Social and Corporate Governance" in the "Corporate Awards 2017" by The Asset. "Transformation 3.0", the Company's step-up transformation strategy established in 2016 with an aim to create superior and leading intelligent network in a more highly-efficient way, build a win-win business ecology in a more open way, and promote flexible synergic smart operation, was awarded "Best Initiative in Innovation". In addition, Mr. Yang Jie, Chairman and Chief Executive Officer of China Telecom, was honored with "Best CEO in Telecommunications" award.
Organized by The Asset, a reputable financial magazine in Asia, "Corporate Awards 2017" is now in its 17th year, the longest running ESG awards in Asia. "Platinum Award" recognizes companies' attainment in comprehensive categories of corporate endeavors: financial performance, management, corporate governance, social and environmental responsibility and investor relations. Assessment is based on a stringent point-score system and feedback from the investment community. "Best Initiative in Innovation" honors business strategy that has taken the company to the next level by embracing new ways of doing business, including product or service advancements or digital enhancement. "Best CEO" rewards a range of leadership qualities and attributes including inspirational leadership, strategic thinking, team- and relationship-building, effective communication and change management.
China Telecom was voted as the "Best in China" among other large cap corporations in the country at IR Magazine Awards - Greater China 2017. In addition, the Company was honored as "Best in Telecommunication Services sector" amid fierce competition in this category; nominees include the large telecommunications service providers and the leading telecommunications infrastructure service provider in the region.
IR Magazine Awards - Greater China 2017 was presented by two types of awards categories this year, namely researched and self-nominated, both recognizing and celebrating the success of those individuals and companies that are leading the way in the IR community. Both investors and analysts were asked to vote for the company giving them the best IR service in each award under researched categories.
China Telecom Corporation Limited ranked as "Most Honored Companies in Asia" in the All-Asia-Executive Team Poll seven years in a row since the poll's inauguration. China Telecom and its key executives also achieved top three rankings in the categories in the Telecommunications sector, namely:
- Best Investor Relations Program
- Best Analyst Days
- Best Website
- Best CEO
- Best CFO
The Poll was organized by Institutional Investor, a highly regarded financial magazine. The 2017 ranking, organized for the seventh year to recognize top Asia (ex-Japan) region's companies and executives, received opinions from over 3,900 investment professionals at 980 financial institutions that collectively manage an estimated US$1.5 trillion in Asian equities.