Britain’s Most Admired... Telecoms

One of the lowest-ever scores for a Most Admired sector, suggesting an industry deep in the doldrums.

1. Vodafone – 57.6
2. BT Group – 54.5
3. Cable & Wireless – 43.5
4. Inmarsat – 42.0
5. Vanco – 39.9

Vodafone seemed unaffected: its $11bn swoop for Hutchison Essar gave it a major footing in India, the world’s largest mobile market. Shame about the Indian government’s $2bn capital gains take. Sir Christopher Bland stepped down after six years as BT chairman, but his revolution continued apace: the company restructured and expanded both its business services and consumer broadband presence. It was even talking about revamping the UK’s sluggish broadband cables. The projected cost: £10bn. A year of revival at Cable & Wireless saw interim profits triple to £166m, perhaps justifying its private-equity-style pay reforms, which removed the £20m cap for individual executives. New CEO John Pluthero probably isn’t complaining.

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