Thursday, October 9, 2014

Globe Telecom's Ernest Cu Makes It To The Power 100 List

Globe Telecom President and CEO Ernest Cu: 64th of this year's Power 100

Ernest Cu, Globe Telecom President and CEO brings a milestone as being the only Filipino executive to be on the Global Telecoms Business Power 100 for 2014. Power 100 is the magazine’s annual list of the 100 most powerful people in telecoms worldwide. 

Ernest Cu has also received the recognition in 2013, and now lands on number 64 gaining two points higher than his previous ranking last year. Global Telecoms Business is the only magazine and website dedicated for senior executives of telecommunication companies worldwide.

The business gains we have achieved over the past several years by positioning Globe as a challenger brand proves that the company is now a trusted brand recognized globally. We will continue to take on the challenge of constantly innovating products and services to provide the easiest and fastest means for our customers to communicate,” Cu said.

Global Telecoms Business noted that under Cu’s leadership, Globe Telecom emerged as a mighty challenger in the Philippine telecommunications industry.  Since taking the Globe helm in 2008, Cu has been driving sweeping transformation, mainly by modernizing its network and IT infrastructure, underpinned by service-oriented culture -- all to deliver the superior customer experience, anchored on his primary advocacy: customer first.  

It is further noted that the Philippine telecommunications company gained  over 10 percentage points in wireless revenue share, while trailblazing game-changing customer-focused innovation, such as personalized postpaid plans and customizable prepaid offerings, alongside unprecedented OTT-collaborations such as Free Facebook. 

Global Telecoms Business named Mark Zuckerberg, chairman and CEO of Facebook, as the most powerful person in the telecommunications industry worldwide as judges decided to recognize the power of Facebook and other over-the-top companies in compiling the Power100.  Completing the top 10 most powerful technology executives are Lowell McAdam, President and CEO of Verizon; Masayoshi Son, Chairman and CEO of SoftBank; Reed Hastings, CEO of Netflix; Randall Stephenson, Chairman and CEO of AT&T; Jong-Kyun Shin, President and head of IT and mobile communications business, Samsung Electronics; Tim Cook, CEO of Apple; Neil Stevens, corporate vice president product and engineering at Skype/Microsoft; Ren Zhengfei, President of Huawei; and Hans Vestberg, President and CEO of Ericsson.

Cu was also nominated for the second straight at the 2014 CNBC Asia Business Leaders Awards, which recognizes remarkable leaders in the Asian region for their continuing commitment to excellence, developing best practices and innovative strategies.

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