July 1, 2011
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
LatAm telecom companies faced a tougher compliance questionnaire this year. Despite some improvements, most fell short.