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  1. Li gets numbers right as 3G finally brings home a profit

    Posted Mar 30th 2011, 12:00am by Paggie Leung

    ... Paggie Leung A relieved Li Ka-shing announced his company Hutchison Whampoa was increasing its dividend payout for the first time in a decade after its 3G mobile-phone unit made its first ... year since 2005, the billionaire has promised shareholders that their massively expensive investment in its 3G telecoms division was just about to pay off. The 3 Group made HK$2.93 billion last ...

  2. Li sees better year for 3G despite unit's loss

    Posted Mar 31st 2010, 12:00am by Denise Tsang

    ... Denise Tsang Li Ka-shing promised yesterday to consider raising the dividend payout for Hutchison Whampoa if its loss-making 3G mobile telephone services turn around this year. The chairman of Hutchison said he 'is more anxious than many people' to see the 3G division 'produce a positive contribution'. The company reported a 3G loss of about HK$5.3 ...

  3. Comba expects income to double amid 3G expansion on mainland

    Posted Feb 25th 2010, 12:00am by Staff Reporter

    ... Bien Perez Wireless network equipment maker Comba Telecom Systems Holdings said yesterday its net profit was expected to have more than doubled last year, after 3G infrastructure expansion ... equipment after the mainland government issued 3G network licences in the first quarter of last year. 'The group has also managed to achieve a stable gross profit margin, economies of scale ...

  4. ZTE profit jumps as share of 3G equipment market rises to 30pc

    Posted Mar 20th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung ZTE Corp, a mainland telecommunications equipment vendor, now has a 30 per cent share of the mainland 3G network equipment market, the company said. Announcing its final ... yuan. The company continued to gain market share on the mainland, benefiting from 3G mobile network construction and broadband service development. ZTE had submitted bids for 3G mobile network ...

  5. China Unicom to invest 100b yuan for 3G launch

    Posted Aug 26th 2008, 12:00am by Staff Reporter

    ... launching its 3G mobile network in more than 50 first-tier cities over the next two years. The ambitious plan was unveiled by chairman Chang Xiaobing yesterday after the company said net profit ... revamp of the telecommunications industry, will take on market leader China Mobile in the lucrative mobile market. China Mobile is running commercial trials of its own 3G services in 10 cities, ...

  6. Tom Group to focus on 3G mobile content

    Posted Aug 19th 2008, 12:00am by Staff Reporter

    ... Frederick Yeung and Cheryl Chui Tom Group, the media business of Hutchison Whampoa, says it will focus on providing mobile internet services as it moves to take advantage of the expected launch of 3G services on the mainland later this year. Chief executive Ken Yeung Kwok-mung, speaking yesterday after the company posted a loss for the first half of the year, said Tom Group ...

  7. 3G services burn $30m a day

    Posted Feb 24th 2004, 12:00am by Ben Kwok

    ... subsidiary, which reported a HK$2.53 billion annual loss last week. Australia is the third-largest 3G market for Hutchison, behind Italy and Britain, with about 100,000 subscribers. As of early December, Hutchison had 660,000 3G subscribers, or about one-third of what it hopes to achieve in its two main European markets. HTA said it lost A$306.1 million (HK$1.84 billion) before interest, ...

  8. 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 ...

  9. 3G services burn $30m a day

    Posted Feb 24th 2004, 12:00am by Ben Kwok

    ... is the third-largest 3G market for Hutchison, behind Italy and Britain, with about 100,000 subscribers. As of early December, Hutchison had 660,000 3G subscribers, or about one-third of what it hopes ... million this year. Hutchison reported a HK$3.9 billion pre-operating loss for 3G in the first half. A shortage of 3G handsets in the fourth quarter limited subscriber growth, which analysts said ...

  10. Hutchison takes hit on 3G

    Posted Aug 06th 2003, 12:00am by Ben Kwok

    ... a first-half loss of A$129.4 million (HK$647 million) yesterday, of which almost 60 per cent was due to its start-up 3G operations. Hutchison Telecommunications Australia (HTA) said it generated ... per cent last year to 131 million Swedish crowns (HK$124.8 million). While both countries constitute relatively small outposts in Hutchison's global 3G empire, to which the company ...




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