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Frost & Sullivan Recognizes China Telecom Europe for Strongest European Growth among APAC-headquartered Service Providers

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Frost & Sullivan Recognizes China Telecom Europe for Strongest European Growth among APAC-headquartered Service Providers PR Newswire LONDON, Aug. 28, 2012 - In addition to a wide European footprint, it is the only APAC operator to enter the European consumer market LONDON, Aug. 28, 2012 /PRNewswire/ -- Based on its recent research on the information and communication technologies (ICT) and services market, Frost & Sullivan presents the 2012 Frost & Sullivan European Market Challenger: Asia-Pacific Telecoms Service Provider of the Year Award to China Telecom (Europe) Limited (CTE). The award recognizes the market performance and European success of large, Asia-Pacific (APAC)-headquartered telecom enterprises that offer services to consumers and enterprises in Europe via operational branch offices across the region. Globalization has driven many European companies to expand into the APAC region. The reverse is also happening, with APAC-based companies expanding their footprint in Europe. Either way, enterprises need ICT infrastructure in terms of services and connectivity between the regions to drive their global business aspirations. "Our analysis of nine large APAC telecoms service providers that are fully operational in Europe shows continuous growth in terms of turnover and number of employees," said Saverio Romeo, Industry Manager with Frost & Sullivan's European telecommunications group.
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Frost & Sullivan Recognizes China Telecom Europe for Strongest European Growth among APAC-headquartered Service Providers
PR Newswire LONDON, Aug. 28, 2012
- In addition to a wide European footprint, it is the only APAC operator to enter the European consumer market LONDON,Aug. 28, 2012/PRNewswire/ -- Based on its recent research on the information and communication technologies (ICT) and services market, Frost & Sullivan presents the 2012Frost & Sullivan European Market Challenger: Asia-Pacific Telecoms Service Provider of the YearAward to China Telecom (Europe) Limited (CTE). The award recognizes the market performance and European success of large,Asia-Pacific(APAC)-headquartered telecom enterprises that offer services to consumers and enterprises inEuropevia operational branch offices across the region. Globalization has driven many European companies to expand into the APAC region. The reverse is also happening, with APAC-based companies expanding their footprint inEurope. Either way, enterprises need ICT infrastructure in terms of services and connectivity between the regions to drive their global business aspirations. "Our analysis of nine large APAC telecoms service providers that are fully operational inEuropeshows continuous growth in terms of turnover and number of employees," said Saverio Romeo, Industry Manager with Frost & Sullivan's European telecommunications group. "With an average of 60 per cent of employees that are locals, the typical footprint of these service providers tends to be sub-regional, with headquarters inLondonand offerings that revolve around intercontinental communications services and data centres." Started in 2006, the driving vision of CTE is the creation of the Information Silk Road to connectEuropeandAsia. Headquartered inLondonwith subsidiaries in Frankfurt,Moscow, andJohannesburg, and a representative office inDubai, CTE has shown the strongest growth among its peers. The company's revenues grew at a remarkable compound annual growth rate (CAGR) of 42.37 per cent from 2008 to 2011, while staffing levels increased by 57.26 per cent over the same period. Currently, CTE customers are mainly large enterprises, but there is an increasing demand from medium-sized companies for its services. Moreover, CTE has introduced more choices of network solutions and innovative business models that have reshaped the traffic pattern as well as empowering its Carrier customers to expand the business development in the Euro-Asia Telecommunication market. CTE's Euro-Asia Network (ENS) offers terrestrial links betweenEuropeandAsia. The current round-trip delay fromLondontoBeijingis just 180ms and service availability has been an impressive 100 per cent for nine consecutive months (CTE internal network monitoring statistics). CTE plans to expand its pan-EMEA (Europe,Middle East, andAfrica) PoP network with new operations in other cities. The company has already an