Telecoms Awards 2012

Best Telecoms CEO, North America 
Sandip Das, Maxis Berhad

Best Telecoms CEO, Latin America
Hector Slim Seade, Telmex

Best Telecoms CEO, Western Europe
Erkan Akdemir, Avea

Best Telecoms CEO, Eastern Europe
Milan Vasina, T-Mobile Czech Republic

Best Telecoms CEO, Middle East
Nasser Marafih, Qtel

Best Telecoms CEO, Asia
Ahmed Abou Doma, Orascom

Best Telecoms CEO, Africa
RS Dabengwa, MTN Group

Best Telecoms CEO, Australasia
David Thodey, Telstra

 

Best Telecoms CFO, North America 
Sunit Patel, Level 3

Best Telecoms CFO, Latin America
Luis Pacheco de Melo, Portugal Telecom

Best Telecoms CFO, Western Europe
Alexey Kornya, MTS

Best Telecoms CFO, Eastern Europe
Jacques de Galzain, Orange Poland

Best Telecoms CFO, Middle East
Antoine Castarede, Oger Telecom

Best Telecoms CFO, Asia Susanna
Hui, PCCW

Best Telecoms CFO, Africa
Nazir Patel, MTN

Best Telecoms CFO, Australasia
Andrew Penn, Telstra

 

Best Wireless Telecoms Provider, North America
Sprint Nextel

Best Wireless Telecoms Provider, Latin America
Vivo

Best Wireless Telecoms Provider, Western Europe
Teliasonera

Best Wireless Telecoms Provider, Eastern Europe
T-Mobile Czech Republic

Best Wireless Telecoms Provider, Middle East
Saudi Telecom Company

Best Wireless Telecoms Provider, Asia
Maxis Berhad

Best Wireless Telecoms Provider, Africa
Zain

Best Wireless Telecoms Provider, Australasia
Virgin Mobile

 

Best Fixed Line Provider, North America
CenturyLink

Best Fixed Line Provider, Latin America
Telmex

Best Fixed Line Provider, Western Europe
BT

Best Fixed Line Provider, Eastern Europe
Netia

Best Fixed Line Provider, Middle East
Omantel

Best Fixed Line Provider, Asia
China Telecom

Best Fixed Line Provider, Africa
Uganda Telecom

Best Fixed Line Provider, Australasia
Primus

 

Best Fully Integrated Telecoms Provider, North America
AT&T

Best Fully Integrated Telecoms Provider, Latin America
Telecom Argentina

Best Fully Integrated Telecoms Provider, Western Europe
Tele2

Best Fully Integrated Telecoms Provider, Eastern Europe
Netia

Best Fully Integrated Telecoms Provider, Middle East
STC

Best Fully Integrated Telecoms Provider, Asia
KT Corporation

Best Fully Integrated Telecoms Provider, Africa
Camtel

Best Fully Integrated Telecoms Provider, Australasia Telecom
Corporation of New Zealand

 

Best Innovation, North America
IBM

Best Innovation, Latin America
LTE

Best Innovation, Western Europe
Nokia Siemens

Best Innovation, Eastern Europe
Velcom

Best Innovation, Middle East
Qatar National Broadband Network | Watch the award presentation

Best Innovation, Asia
ZTE

Best Innovation, Africa
Cisco

Best Innovation, Australasia
Citrix

 

Best Financial Services Application, North America
TD Ameritrade

Best Financial Services Application, Latin America
Paggo

Best Financial Services Application, Western Europe
Saxo Bank

Best Financial Services Application, Eastern Europe
MTS

Best Financial Services Application, Middle East
Mubasher

Best Financial Services Application, Asia
Matsui Securities

Best Financial Services Application, Africa
YuCash

Best Financial Services Application, Australasia
Bell Direct

 

Best Teleconferencing Provider, North America
Citrix

Best Teleconferencing Provider, Latin America
Intercall

Best Teleconferencing Provider, Western Europe
BT

Best Teleconferencing Provider, Eastern Europe
Polycom

Best Teleconferencing Provider, Middle East
Cisco

Best Teleconferencing Provider, Asia
BCS Global

Best Teleconferencing Provider, Africa
MW Group

Best Teleconferencing Provider, Australasia
Being There

 

Best Business Process Outsourcing Company, North America
Sutherland Global Services

Best Business Process Outsourcing Company, Latin America
Global BPO

Best Business Process Outsourcing Company, Western Europe
TQ

Best Business Process Outsourcing Company, Eastern Europe
CapGemini

Best Business Process Outsourcing Company, Middle East
Cupola

Best Business Process Outsourcing Company, Asia
Wipro

Best Business Process Outsourcing Company, Africa
HAC Outsourcing

Best Business Process Outsourcing Company, Australasia
Fusion

 

Best Telecoms Consultancy Company, North America
RMH

Best Telecoms Consultancy Company, Latin America
Greenwich Consulting

Best Telecoms Consultancy Company, Western Europe
Intercai

Best Telecoms Consultancy Company, Eastern Europe
Sciamus

Best Telecoms Consultancy Company, Middle East
Analysys Mason

Best Telecoms Consultancy Company, Asia
Jtec

Best Telecoms Consultancy Company, Africa
Charles River

Best Telecoms Consultancy Company, Australasia
Venture

 

Best Broadband Provider, North America
Knology

Best Broadband Provider, Latin America
Manquehue

Best Broadband Provider, Western Europe
CompleTel

Best Broadband Provider, Eastern Europe
Crnogorski Telekom

Best Broadband Provider, Middle East
Etisalcom

Best Broadband Provider, Asia
China Broadband

Best Broadband Provider, Africa
Neotel

Best Broadband Provider, Australasia
Singtel Optus

 

Best Mobile Broadband Provider, North America 
Verizon Wireless

Best Mobile Broadband Provider, Latin America
Oi

Best Mobile Broadband Provider, Western Europe
3

Best Mobile Broadband Provider, Eastern Europe
Vodafone Hungary

Best Mobile Broadband Provider, Middle East
Omantel

Best Mobile Broadband Provider, Asia
Airtel

Best Mobile Broadband Provider, Africa
MTN

Best Mobile Broadband Provider, Australasia
Vodafone Australia

 

Best Cloud Service Provider, North America
Citrix

Best Cloud Service Provider, Latin America
Level 3 Communications

Best Cloud Service Provider, Western Europe
Host1Plus

Best Cloud Service Provider, Eastern Europe
Fujitsu

Best Cloud Service Provider, Middle East
ClouDEX

Best Cloud Service Provider, Asia
ESDS

Best Cloud Service Provider, Africa
Business Connexion

Best Cloud Service Provider, Australasia
Citrix

 

 

Best Mobile Security Provider, North America
Gold Line

Best Mobile Security Provider, Latin America
Cellcrypt

Best Mobile Security Provider, Western Europe
F-Secure

Best Mobile Security Provider, Eastern Europe
Elcomsoft

Best Mobile Security Provider, Middle East
Cellcrypt

Best Mobile Security Provider, Asia
Reutech Communications

Best Mobile Security Provider, Australasia
Pure Hacking

 

Best New Technology, North America
Bell Labs

Best New Technology, Latin America
Telefonica

Best New Technology, Western Europe
AudioCodes

Best New Technology, Eastern Europe
Velcom

Best New Technology, Middle East
Axiata

Best New Technology, Asia
Micromax

Best New Technology, Africa
Business Connexion

Best New Technology, Australasia
St George Banking Group

 

Best Green Telecoms Company, North America
Bell Labs

Best Green Telecoms Company, Latin America
America Movil

Best Green Telecoms Company, Western Europe
Nokia Siemens

Best Green Telecoms Company, Eastern Europe
ZTE

Best Green Telecoms Company, Middle East
Etisalat

Best Green Telecoms Company, Asia
Cinergy

Best Green Telecoms Company, Africa
Uganda Telecom

Best Green Telecoms Company, Australasia
Telstra

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The May – June 2013 Issue

Highest corporate tax
rates in Europe

European countries are scrambling to raise every last penny of funds through taxes. But some countries may have gone too far...

Belgium

Though all business taxes in Belgium can be paid online with little effort and preparation, the rates are still sky-high at 57.7 percent, including a staggering 50.8 percent total rate on profits only in social security contributions.

Belarus

In Belarus, a company spends up to 338 hours annually preparing for and paying ten different taxes and duties. The total tax rate has incredibly been lowered to 60.7 percent, from 117.5 percent in 2008.

France

A company in France pays seven different taxes and duties, the sum of which can amount to 65.7 percent of profits; though President François Hollande has announced a wave of business tax rate cuts coming up.

Estonia

A business in Estonia pays 67.3 percent of profits in tax, 37.2 percent exclusively in social security contributions. The country has gone against the grain in Europe by raising businesses taxes from 48.6 percent in 2008 to the current rates.

Italy

While corporate income tax (IRES) in Italy is limited to 38 percent of taxable profit, a company operating in Italy can expect to pay 14 other taxes and duties, including social security contributions, bringing their total payable tax to 68.7 percent of profits, according to the World Bank.

Norway

Norway taxes motor fuels twice, with a road use tax and a CO2 emissions tax. Combined with strikes in the energy sector that have curbed output, the price of gas at a local pump has soared to $10.12 per gallon.

Turkey

Though Turkey sits on the Suez Canal and neighbours many oil rich countries, the price of a gallon of average gas clocks in at $9.41 in Turkish pumps, because of a 60 percent share of taxes. 

Israel

Like Turkey, Israel is surrounded by oil-rich neighbours, but drills very little itself. Gas prices are controlled by the government, so about half of the $9.28 per gallon goes to taxes.

Hong Kong

There are few gas stations in Hong Kong, but the ones available charge up to 76 percent more per gallon than mainland China, where the government caps the cost of fuel. A gallon at the pumps will cost around $8.61 on the island.

Netherlands

Expensive labour costs make the Dutch petrol prices the dearest in Europe, at $8.26 per gallon; though the 57 percent tax add-ons don’t help.

The credit crisis

8 February 2007
HSBC warns of subprime mortgage losses

2 April 2007
New Century goes bus

14 September 2007
Wholesale markets have dried up

17 March 2008
Rescue of Bear Stearns

7 September 2008
Rescue of Fannie Mae

15 September 2008
Lehman Brothers file for bankruptcy

3 October 2008
US congress approves $700bn bailout

14 February 2009
$787bn stimulus approved by congress

 

The effects of the current financial crisis are global and irrefutable. With the collapse of Lehman Brothers, the domino effect of irresponsible public monetary policies, huge levels of unsustainable debt, and a deregulated financial sector, has escalated to the point where no corner of the globe has been left untouched.

1973 oil crisis

October 1973
Syria and Egypt launch an attack on Israel on Yom Kippur and set off a twenty day war;

1977
US President Carter creates Department of Energy, which develops the US strategic petroleum reserve

 

The Organisation of Petroleum Exporting Countries (OPEC) used their oil reserves as a weapon with the Arab Oil Embargo against those who supported Israel. By January 1974, world oil prices were four times higher than they were at the start of the crisis, especially in the US, and the shock led to a huge drop in the stock market with NYSE losing $97bn in just six weeks.  The embargo lasted five months, and the effects are still seen today.

German hyperinflation

1922-1923

Hyperinflation
1923 – 1924
Stabilisation

 

The trouble began when Germany missed a repatriation payment, worth about one third of the German deficit in this period. Inflation was already high but by 1923 it was raging. Prices doubled within hours, and by late 1923, it cost 200bn marks to buy a single loaf of bread. People burned money as it was cheaper than buying firewood. Germany eventually regained control of its economy when it introduced the Rentenmark into circulation in 1923, and then the Reichmark in 1924.

The Great Depression

1929-1933
The Great Crash
1934-1939
Recovery and Recession

 

After the decadence of the Roaring Twenties, the 1930s saw the biggest economic slump of all time. The stock market crashed on 29 October 1929, and optimism and decadent living tumbled along with the figures. The GDP fell from $103.6bn in 1929, to $66bn in 1934 and the subsequent years of recovery were the most dramatic in US history.

1907 bankers’ panic

1907
Otto Heinze and his brother Augustus Heinze bought shares of United Copper.

 

The stock market was already cautious over the tight money supply, but the US was thrown into a depression after the stock market fell nearly 50 percent from its peak in 1906. The Heinze brothers thought they could influence market shares but ended up bankrupting lenders that provided the financing to buy the stock. A chain reaction left nine institutions bankrupt. By February 1908, the panic was over and the government created the Federal Reserve system, to prevent banks from exercising too much control over the economy.