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  1. WHAT THE BROKER SAID

    Posted Oct 03rd 2004, 12:00am by Staff Reporter

    ... About a year ago Lehman Brothers reiterated its ''overweight'' rating and price target of HK$64 on conglomerate Hutchison Whampoa after putting questions about 3G funding to its management. 'We believe management remains fully committed to its 3G businesses globally and has a clear, albeit unusual, vision for 3G,'' said Lehman. 'Given ...

    http://www.scmp.com/article/472641/what-broker-said
  2. 3G seen as two-edged sword for ZTE hopes

    Posted Nov 16th 2004, 12:00am by Staff Reporter

    ... growth, according to its listing sponsor. 'We believe a 3G rollout in China will be the biggest driver of growth, and ZTE's growth outlook would be significantly reduced if 3G does not happen,' the sole sponsor for ZTE's US$350 million H-share offering, Goldman Sachs, said in a research report. If ZTE did not deliver the right 3G technology and was unable to secure its ...

    http://www.scmp.com/article/478328/3g-seen-two-edged-sword-zte-hopes
  3. Unicom promises advantage in 3G

    Posted Aug 27th 2004, 12:00am by Staff Reporter

    ... executive Wang Jianzhou said yesterday after the company released unsurprising interim results. 'Once the 3G licence is granted, we can roll out our CDMA 3G network in six months.' He added that the firm's network needed only minor modifications to accommodate 3G traffic. By contrast, GSM operators will need about 18 months to build a WCDMA network capable of handling 3G ...

    http://www.scmp.com/article/467978/unicom-promises-advantage-3g
  4. Hutchison wants to repay $21b in 3G loans to cut costs

    Posted Mar 10th 2004, 12:00am by Ben Kwok

    ... year, but repaying them early will reduce interest expenses. Analysts said that repaying the loans would give the company more opportunities to find cheaper, alternative financing for its 3G ventures. As a trade-off, Hutchison may be required to provide a guarantee for any future loans. Three years ago, Hutchison secured a GBP3.6 billion loan for its 3G venture in Britain. At that time, ...

    http://www.scmp.com/article/447614/hutchison-wants-repay-21b-3g-loans-cut-costs
  5. Li may sell Priceline stake to fund 3G

    Posted May 05th 2004, 12:00am by Ben Kwok

    ... was a 'long-term investment' under one of the group's retail businesses. The move comes as Hutchison faces mounting operating losses as it launches 3G services worldwide. The company, which had about one million 3G subscribers at the end of March, lost HK$18.3 billion in its 3G operations last year. Hutchison hopes to smooth out the earnings gaps by selling assets and generating ...

    http://www.scmp.com/article/454568/li-may-sell-priceline-stake-fund-3g
  6. Sunday invokes mighty backing in 3G wireless race

    Posted May 26th 2004, 12:00am by Ben Kwok

    ... general meeting. He said the rise of 3G would prompt a shake-out in the sector, leaving just three surviving wireless operators out of six functioning today. 'We don't want to be No4, 5, ... been adding about 1,000 customers a day since launching its 3G services earlier this year, he said. But Sunday is blessed by a higher power, he said. 'Sunday is backed by China,' he ...

    http://www.scmp.com/article/457152/sunday-invokes-mighty-backing-3g-wireless-race
  7. Huawei extends its 3G tie-up with Sunday

    Posted Feb 07th 2004, 12:00am by Ben Kwok

    ... in which it hopes to become a growth engine in the future. The two telecommunications firms tied up in December last year, when Huawei agreed to provide 3G mobile network equipment to Sunday ... by stronger demand for 3G this year. The company achieved a 42 per cent growth in sales to 31.7 billion yuan as overseas sales topped US$1.05 billion. Last week, Huawei invested US$2 million in US ...

    http://www.scmp.com/article/443674/huawei-extends-its-3g-tie-sunday
  8. Hutchison's vanishing partners raise more doubts on 3G

    Posted Mar 10th 2004, 12:00am by Staff Reporter

    ... in 3UK last November. But now, strategic partner NTT DoCoMo is reputedly set to retreat from its foray into the British 3G arena. The Japanese mobile data pioneer is unhappy that its i-mode ... are going up. Granted the market has already priced in bad news on 3, with Hutchison trading with a zero value ascribed for its 3G assets by most forecasts. But it could get worse if this cash drain ...

    http://www.scmp.com/article/447600/hutchisons-vanishing-partners-raise-more-doubts-3g
  9. Hutchison's vanishing partners raise more doubts on 3G

    Posted Mar 10th 2004, 12:00am by Staff Reporter

    ... in 3UK last November. But now, strategic partner NTT DoCoMo is reputedly set to retreat from its foray into the British 3G arena. The Japanese mobile data pioneer is unhappy that its i-mode ... are going up. Granted the market has already priced in bad news on 3, with Hutchison trading with a zero value ascribed for its 3G assets by most forecasts. But it could get worse if this cash drain ...

    http://www.scmp.com/article/447549/hutchisons-vanishing-partners-raise-more-doubts-3g
  10. SmarTone plays Vodafone as 3G ace

    Posted Dec 16th 2004, 12:00am by Staff Reporter

    ... to Hutchison's 3 when it launches its own 3G service. Vodafone introduced mass-market 3G services in Europe about nine months after Hutchison's 3 rolled out across the continent. The new partnership with SmarTone allows Vodafone to compete directly in its global rival's home turf of Hong Kong. 'We expect competition to heat up in Hong Kong's 3G market, as other operators launch ...

    http://www.scmp.com/article/482371/smartone-plays-vodafone-3g-ace

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