Hutchison Telecommunications Australia is likely to see negative earnings before interest, tax, depreciation and amortisation (ebitda) improving this year, as revenue from customer growth is expected to offset operating and customer acquisition costs, says chairman Canning Fok Kin-ning. The firm, 57.8 per cent owned by Hutchison Whampoa, made a net loss of A$551.99 million ($3.25 billion) on its mobile-phone operations last year. However, it was 'on track to achieve our previously stated goal of exiting 2005 in a sustainable monthly positive ebitda position', Mr Fok told Australia financial newswires. The adoption of new accounting standards would dent this year's financial results, he said. Hutchison Australia, which also operates 3G services under the brand name 3, had 543,000 subscribers at the end of March.