HONG KONG, Dec. 10, 2014 /PRNewswire/ — China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) was voted, for the second year in a row, No. 5 at IR Magazine’s 2014 Global Top 50 Awards and was the only Asian company among the top 5. China Telecom further attained "Best Investor Relations in Communications sector" at IR Magazine Awards – Greater China 2014, reaffirming the Company’s excellent corporate governance and strong commitment to a high standard of transparency. China Telecom would like to express its sincere thanks to the investment community for their continuous support.
The Global Top 50 was calculated based on IR Magazine’s annual surveys of investors and analysts for its awards programs in the US, Canada, Europe, Greater China, South East Asia and Brazil.
IR Magazine Awards – Greater China 2014 were identified solely by means of an independent survey of investors and analysts, all of whom are located in the region. More than 400 members of the Asian investment community either completed an online survey or spoke to researchers from Mary Maude Research in London, who undertook a telephone survey. The purpose of this was both to ascertain which companies and individuals are providing the best investor relations service and to discover their levels of satisfaction with the standard of investor relations more generally.