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Articles tagged with: Hutchison Telecom
Vodafone Edges Closer to Completing Indian Purchase
India's Law Ministry is reported to have given clearance to Vodafone's purchase of Hutchison-Essar, clearing one hurdle which had been embroiled in controversy over the percentage of foreign ownership in the company. more
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Hutchison Telecom Holders OK Hutchison Essar Sale Plan
HONG KONG -(Dow Jones)- Hutchison Telecommunications International said Friday shareholders approved its plan to sell its 67% stake in Indian mobile-phone operator Hutchison Essar to Vodafone Group for US$11.08 billion in cash. more
Related Tags: essar-group, tim, hutchison, essar, chief-financial-officer, lawyer, hutchison-essar
New Zealand Q4 2006 Market Update
The two New Zealand operators, Telecom and Vodafone, shared almost equally in fourth quarter net additions, with the incumbent winning by just a small margin of 53% to 47%. The result gave Telecom another 0.3pp of market share to add to the 0.6pp it picked up in Q3 2006, but even with both quarters in aggregate the operator has pulled back less than half of the 2pp it lost in the first half of the year. more
Related Tags: w-cdma, telecom-new-zealand, telstra, hutchison
Vodafone Wins Battle for India's Hutch Essar
Vodafone announced late last night that it had won the battle for of India's Hutch Essar. Vodafone also announces that it has signed a memorandum of understanding with Bharti Airtel on infrastructure sharing and that it has granted an option to a Bharti group company to buy its 5.6% direct interest in Bharti. more
Related Tags: capex, essar-group, bharti, bharti-airtel, hutchison, essar, infrastructure-sharing
Hunted and Hunter Swap Roles As Telecom M&A Heats Up
LONDON (Dow Jones) -- The hunted are fast becoming the hunters in the consolidation race playing out now among telecom operators in emerging markets. more
Related Tags: reliance-communications, essar-group, kpn, mtn, tim, orascom-telecom, reliance, bric, bouygues-telecom, essar, oger-telecom, chief-financial-officer, hutchison-essar
UPDATE: Vodafone Bids $17 Billion For Indian Wireless Firm
HONG KONG (Dow Jones) -- The battle for control on Indian wireless telecom operator Hutchison Essar intensified Thursday after the UK's Vodafone Group made a bid which values the company at $17 billion to $18 billion, according to media reports Thursday. more
Related Tags: reliance-communications, texas, essar, hutchison-whampoa, hutchison-essar
Vodafone Confirms Considering Hutchison Essar Bid
LONDON -(Dow Jones)- Vodafone Group says it was considering taking a controlling interest in Indian mobile phone operator Hutchison Essar as it continues to seek growth in emerging markets, a move which may spark a bidding war. more
Related Tags: reliance-communications, reliance, bharti, london, hutchison-telecom-international, essar, hutchison-essar
Nokia Gets Contract From Hutchison Indonesia
STOCKHOLM -(Dow Jones)- Finland's Nokia, Friday said it has received an order from PT Hutchison CP Telecommunications, or Hutchison Telecom Indonesia, for service delivery platform and managed services. more
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Vietnam CDMA Operator Nears Launch
Hanoi Telecom has fixed the launch date of its Vietnamese CDMA network for the middle of next month, the company has announced. Over the past two years, the company - a joint venture between Hanoi Telecom and Hutchison Telecom Vietnam - has installed some 800 base stations through the country. more
Related Tags: nortel, cdma2000-1x, cdma2000, 1xev-do
Hutch Telecom Breaks Into Profit
Hutchison Telecom has reported that its first half turnover increased 48%, operating profit more than doubled and the Group recorded its highest profit for the period compared to a loss in the same period last year. As a result the Group recorded its first profit attributable to equity holders of the Company. more
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