Leading global tech performer

Ranked 5th in BusinessWeek's global ranking of the top 100 performers in the technology industry, Telenor takes a leading position, beating Microsoft, Apple and Nokia.
By Peer Dahl
Per Simonsen Head of Group Strategy.
Once every year, BusinessWeek publishes its global ranking of the top tech performers. In 2006, Telenor was ranked 25th. This year, our company checks in at an impressive no. 5.
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.

A result to be proud of

"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 the industry and the financial markets. This study confirms our position among the top global IT companies, a result we as Telenor employees should be proud of," said Per Simonsen Head of Group Strategy.

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.

100 companies

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

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