HONG KONG, Aug. 12, 2011 /PRNewswire-Asia/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company has been voted by professional investors as one of the Most Honored Companies and Best Investor Relations Company in the telecommunications sector in the inaugural All-Asia-Executive-Team ranking organized by Institutional Investor, a highly-regarded international financial magazine. In addition, Mr. Wang Xiaochu, Chairman and CEO of China Telecom, was voted the Best CEO in the telecommunications sector.
The recognitions above exhibit professional investment managers and analysts highly value China Telecom's strategic execution capability and appreciate its leading management performance and strong commitment to good corporate governance with high standard of transparency in Asia. China Telecom would like to express its sincere thanks to investors and the investment community for their continuous support.
All-Asia-Executive-Team ranking, by Institutional Investor, was organized for the first year to recognise Asia ex-Japan region's best executives and companies. The survey participants were asked to rank companies in their coverage universe that stand out at each of six executive team attributes, including the accessibility of senior management, industry knowledge, quality and depth of answers to inquiries, transparency of financial reporting and disclosure, among others. The results this year reflected the opinions of over 870 investment professionals at more than 420 financial institutions.
