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DiGi only Malaysian company in Forbes 100 global ranking

AvantiKumar | Aug. 26, 2014
This is also the second time DiGi has been recognised in a Forbes list, said DiGi CEO Lars Norling.

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Photo - Lars Norling, Chief Executive Officer, DiGi


Malaysia based DiGi is the only Malaysian company and the only Asia based telecommunications operator in Forbes World's Most Innovative Companies 2014, and is also the second time DiGi has been recognised in a Forbes list.

DiGi chief executive officer Lars Norling said DiGi first appeared in a Forbes list in 2012 when the company was acknowledged as one of Asia Pacific's 50 best publicly traded companies, and inducted into Forbes Asia's Fabulous 50 list for the year.

"We're proud to be recognised by Forbes for our deep track record on driving innovation in all areas of our business," said Norling, "One of the central characteristics of DiGi is innovation, and much of our growth has been a direct result of our strong ability to constantly redefine go-to-market approaches, operating models, customer focus, and ways of working. Over the years, we have gained a reputation not only for being one of Malaysian's favourite brands but for consistently driving growth through innovation."

"Capturing market share in a country with very high mobile penetration requires a relentless focus on market execution underpinned by a culture that thrives on innovation," said Sigve Brekke, chairman of DiGi, and head of Telenor Group in Asia. "DiGi has both these attributes, and stands out in the Malaysian telecoms market with a rare mix of consistent, profitable growth and a knack for innovative thinking that runs deep within the company's culture."


Photo - Sigve Brekke, Chairman, DiGi Com Bhd and Executive Vice President and Head of Asia Region, Telenor Group

This year's listing of 100 companies includes 22 Asian companies: Japan with eight companies, followed by six from China, five from India, and one each from Malaysia, Indonesia, and Singapore.

Corporations from the United States dominated the list with 39 companies, including global brands such as Salesforce, Amazon Netflix, MasterCard, Starwood Hotels, and Procter & Gamble.

This ranking, created by business school professors Jeff Dyer and Hal Gregersen with HOLT/Credit Suisse, of a company's innovation premium is linked to stock market reactions to a company's innovative business ideas in the coming years, according to a Forbes statement.


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