DALLAS, March 2, 2011 /PRNewswire/ -- AT&T* today announced that it has been named the 2010 North American Company of the Year in Business Communications, and that it has received the 2010 Market Share Leadership of the Year Award for Telecom Services. Leading analyst firm, Frost and Sullivan, has honored AT&T with these prestigious recognitions of the company's accomplishments.
According to Frost and Sullivan, AT&T leads the business communications space with the highest revenue share in each of the network services and applications segments, largely owing to its expansive network footprint, and the completeness of solutions it offers.
The recipient of 2010 North American Company of the Year in Business Communication was selected based on a customized Decision Support Matrix (DSM), an analytical tool used by Frost and Sullivan to compare companies' performance relative to each other with an integration of quantitative and qualitative metrics. The DSM allows Frost and Sullivan research and consulting teams to objectively analyze each company's performance on each criterion relative to its top competitors, and assign performance ratings on that basis.
Frost and Sullivan have additionally ranked AT&T highest among its competitors in Telecom market share, citing the following factors as key contributors to the company's success: ubiquitous high speed broadband, security provided to subscribers, extensive feature list to basic broadband access, and superb customer service.
Supporting its Business Communications and Telecom leadership, AT&T has one of the world's most advanced and powerful global backbone networks, which carries more than 20.8 petabytes of data traffic on an average business day. Additionally, AT&T extends global services to multinational companies on six continents. In 2010, AT&T invested $20.3 billion in wired and wireless networks while driving new services and network-based applications to businesses ranging from the largest multi-national corporations around the world to the smallest companies served within the United States. The company also expects capitol expenditure to be in the low- to mid-$19 billion range in 2011.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com. Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
SOURCE AT&T Inc.