HONG KONG, Sept. 18, 2012 /PRNewswire/ -- 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 again as one of the "Asia's Most Honored Companies" and "Asia's Best Investor Relations Company in telecommunications sector" in 2012 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 "Asia's Best CEO in telecommunications sector" and Madam Wu Andi, Executive Vice President and CFO of the Company, was voted "Asia's Best CFO in 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 organised for the second year to recognise Asia ex-Japan region's best executives and companies. The survey participants were asked to nominate executives and companies in their coverage universe that stand out at a number of attributes, including the accessibility of senior management, industry knowledge, quality and depth of answers to inquiries, transparency of financial reporting and disclosure, quality of information provided via company website/ E-mail alerts, among others. The results this year reflected the opinions of over 930 buy-side and 490 sell-side investment professionals at more than 570 securities firms and financial institutions.
