Leading global tech performer

Telenor is thus ranked higher than other major players such as Microsoft (9), Apple Computer (6), Accenture (16), Nokia (17), Google (19), Oracle (22), Hewlett-Packard (35) and LM Ericsson (55). Amercian Movil (2) and Telefonica (3) are the only two telecom players achieving a better ranking than Telenor.

Big names like Dell, SAP and Motorola failed to make it to this year’s IT 100 list.

The unique telenor approach is noticed

“Telenor has chosen to enter into rapidly growing markets at an early stage, and has succeeded in developing strong operations in each of these markets. The unique Telenor approach is noticed and appreciated both by he industry and the financial markets. This study confirms our position among the top global IT companies, a result we should be proud of,” said Per Simonsen Head of Group Strategy in Telenor.

Fast-growing emerging markets

“Europe’s dominant telecommunications companies have often struggled to defend market share against upstart rivals who aren’t burdened by costly organizations left over from the monopoly era. Norway’s Telenor is no different, but it has managed to balance the inevitable decline of fixed-line revenue in its home market by expanding into fast-growing emerging countries such as Hungary and Malaysia, while making inroads into new services such as cable TV,” BusinessWeek reports.

The ranking criterias

To compile the information for the Technology 100, BusinessWeek began with financial data from Standard & Poor’s Compustat that has computerized information on over 28,000 publicly traded corporations. They trimmed this universe to information-technology companies. This year they added cable companies that expanded into telecom operations. To qualify, companies had to have revenues of at least USD 300 million.

The group of companies was ranked on four criteria: return on equity, shareholder return and revenue growth (which were given equal weight), and total revenues (which was weighted). Then the top 100 companies were re-ranked as a group.

The IT 100 Companies

1 Amazon.com	34 Siemens	67 Powerchip Semiconductor	100 Logitech International
2 America Movil	35 Hewlett-Packard	68 Toshiba
3 Telefonica	36 NVIDIA	69 SAIC
4 Hon Hai Precision Ind.	37 Applied Materials	70 Cognizant Tech. Solutions
5 Telenor	38 Liberty Global	71 Alltel
6 Apple Computer	39 Softbank	72 CommScope
7 AT&T	40 ASML Holding	73 Satyam Computer Services
8 Nintendo	41 SMART Modular Technologies	74 L-3 Communications Holdings
9 Microsoft	42 Nanya Technology	75 Digital China Holdings
10 China Mobile	43 High Tech Computer	76 HCL Technologies
11 Research In Motion	44 Rogers Communications	77 Inventec
12 VimpelCom	45 Lam Research	78 Qimonda
13 BT Group	46 TD AMERITRADE Holding	79 Arrow Electronics
14 Bharti Airtel	47 Amkor Technology	80 Elpida Memory
15 Mobile Telesystems	48 Avnet	81 Tokyo Electron
16 Accenture	49 Wipro	82 Telus
17 Nokia	50 NII Holdings	83 Turkcell Iletisim Hizmetleri
18 Millicom Intl. Cellular	51 Canon	84 Harris
19 Google	52 DIRECTV Group	85 Quanta Computer
20 Cisco Systems	53 Siliconware Precision Industries	86 Nikon
21 International Business Machines	54 KDDI	87 Automatic Data Processing
22 Oracle	55 LM Ericsson	88 EMC
23 Tata Consultancy Services	56 VTech Holdings	89 Qualcomm
24 Anixter International	57 Hynix Semiconductor	90 SES
25 Verizon Communications	58 Fidelity National Information Svcs.	91 Shaw Communications
26 COSMOTE MOBILE TELECOM.	59 Taiwan Semiconductor Mfg.	92 Acer
27 Koninklijke KPN	60 Varian Semiconductor Equipment	93 Alliance Data Systems
28 Wistron	61 CDW	94 Priceline.com
29 Asustek Computer	62 Comcast	95 KLA-Tencor
30 Infosys Technologies	63 Compal Electronics	96 Advanced Semiconductor Engineering
31 Telekomunikasi Indonesia	64 Windstream	97 FIserv
32 MEMC Electronic Materials	65 Autodesk	98 Adobe Systems
33 Grupo Iusacell	66 Amphenol	99 D-Link

Read more about The Info Tech 100

For more information, please contact:
Scott Engebrigtsen, Head of Information
E-mail: scott.engebrigtsen@telenor.com