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

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.