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  1. Hutchison set to book HK$4.46b from disposal

    Posted Aug 13th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Hutchison Whampoa is expected to book a one-off gain of HK$4.46 billion from the sale of a controlling stake in an Israeli mobile operation. Its 60.4 per cent-owned subsidiary, Hutchison Telecommunications International Ltd (HTIL), yesterday said it had agreed to sell its 51.3 per cent stake in Partner Communications to Tel Aviv-listed Scailex Corp for HK$10.71 ...

  2. Hutchison and CSL raise mobile broadband ante

    Posted Aug 18th 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Bearing the brunt of intense competition and declining profit margins, rival cellular network operators Hutchison Telecommunications Hong Kong and CSL New World are boosting the development of mobile broadband services. Thanks to the best-selling iPhone 3G and the uptake of mobile broadband service, Hutchison, which operates mobile and fixed-line businesses, ...

  3. Hutchison Telecom shares surge on confirmation of spin-off talks

    Posted Mar 03rd 2009, 12:00am by Staff Reporter

    ... Frederick Yeung Shares in Hutchison Telecommunications International surged more than 10 per cent yesterday after the company confirmed it was in advanced talks to spin off its Hong Kong and Macau telecommunications businesses. Hutchison Telecom said in a clarification announcement that it and its advisers were in discussions concerning a possible spin-off and a separate listing ...

  4. Hutchison profit expected to dive 49pc as slump hurts operations

    Posted Mar 23rd 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Hutchison Whampoa, a ports, telecommunications, retail, energy, property and infrastructure conglomerate controlled by Li Ka-shing, is expected to post slower growth last year ... in exceptional items in the period. The mean forecast of 13 analysts polled by Thomson Reuters is a net profit of HK$14.5 billion for last year, compared with HK$30 billion in earnings that Hutchison ...

  5. Hutchison to spin off HK telecoms firms

    Posted Mar 02nd 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick and Wong Ka-chun Hutchison Telecommunications International Ltd is planning to spin off its Hong Kong fixed-line and mobile telephone businesses, valued at as much as HK$12 ... to a halt, this is likely to be one of Hong Kong's most keenly watched flotations of the year. But the deal could be a hard sell amid a tough market environment. Hutchison Telecom (Hong Kong), ...

  6. Li grim on HK outlook as Hutchison dives 63pc

    Posted Aug 22nd 2008, 12:00am by Nick Westra

    ... Wong Ka-chun and Nick Westra Tycoon expects worst to come as US credit problems spread Hutchison Whampoa chairman Li Ka-shing said the worst was yet to come for the Hong Kong economy as his ports-to-telecommunications conglomerate reported a 63 per cent plunge in first-half earnings. Mr Li said Hutchison, whose profit was affected by an absence of the large exceptional gains ...

  7. Hutchison takes hit on 3G

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

    ... Hutchison Whampoa's Australian mobile business reported a first-half loss of A$129.4 million (HK$647 million) on Tuesday, of which almost 60 per cent was due to its start-up third-generation (3G) operations. Hutchison Telecommunications Australia (HTA) said it generated revenues of A$13.6 million and did not expect to be cash-flow positive until 2006. The result followed ...

  8. Hutchison takes hit on 3G

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

    ... Start-up costs account for over half of $647m first-half loss on Australian operation amid concern about bottom-line impact Hutchison Whampoa's Australian mobile business reported 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 ...

  9. Hutchison reaps $900m windfall from energy associate

    Posted Jul 26th 2003, 12:00am by Ben Kwok

    ... Husky's healthy profit has helped cushion the flagship's pre-operating losses from its 3G mobile operations Hutchison Whampoa has locked in a windfall HK$900 million dividend ... cent-owned by Hutchison, announced a C$420 million (HK$2.35 billion) special dividend payout on the back of a strong second-quarter profit surge. Toronto-listed Husky reported a 62.35 per cent jump ...

  10. Canning Fok goes on $128m Hutchison stock spree

    Posted Jan 12th 2005, 12:00am by Staff Reporter

    ... Hui Yuk-min While 1,160 Hutchison Telecommunications International Ltd (HTIL) staff around the world were trying to come to terms with being laid off last week, group taipan Canning Fok Kin-ning was busy spending $128 million on shares in the parent firm. According to a Hong Kong Exchanges and Clearing disclosure yesterday, Mr Fok, Hutchison Whampoa group managing director ...




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