LatAm Telecoms Fall in Ratings

LatAm Telecoms Fall in Ratings

Corporate & Sovereign Strategy

by Staff Reporters LatAm telecom companies performed worse this year on a series of metrics measuring social responsibility, corporate governance and overall sustainability, according to a study by LatinFinance in association with consultancy Management & Excellence (M&E). “Performance scores among telecoms this year ranged from 16%-33%, all very weak scores,” says William Cox, managing director at M&E. The sector faced more stringent compliance guidelines in 2011 when compared to previous years, though this is the first year M&E has analyzed the sector as a whole. Most were not up to the challenge. “Telecoms have not yet discovered sustainability as a mechanism for

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