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Articles tagged with: Hutchison Whampoa
INQ Mobile CEO Takes Seat on Spotify Board Following Investment
A Hutchison Whampoa subsidiary has confirmed that it has taken a stake in UK based music streaming service, Spotify. The Li Ka-shing Foundation confirmed to Forbes that it was participating in Spotify's latest financing round for a minority stake, without confirming the size of the stake or how much it had paid for it. more
Related Tags: inq-mobile, spotify, UK
Fitch Affirms Hutchison Whampoa With Stable Outlook
Debt ratings agency, Fitch ratings has affirmed Hutchison Whampoa's Long-term foreign currency Issuer Default Rating (IDR) at 'A-'. The Outlook remains Stable. At the same time, Fitch has affirmed Hutchison's Short-term IDR at 'F2' and its senior unsecured rating at 'A-'. more
Related Tags: hutchison-3g, Hong Kong
Hutchison Whampoa's first-half earns plunge 33 pct
Hong Kong conglomerate Hutchison Whampoa, run by billionaire Li Ka-shing, said Thursday its earnings tumbled 33 percent in the first half as its oil, ports and hotel businesses flagged amid the economic downturn. more
Related Tags: hutchison-3g, Hong Kong
INQ Mobile Shows Off Twitter Optimised Mobile Phones
INQ Mobile, the Hutchison Whampoa backed handset manufacturer has shown off two new mobile phones, complete with internet-based Twitter and media sync capabilities. The INQ Chat 3G is the company's first qwerty-style phone, while the compact INQ Mini 3G expands the range and provides an entry-level social mobile ideal for the price-sensitive prepay market. more
Related Tags: inq-mobile, twitter, hsdpa, play
Talk Of Telecom Mergers Ringing Louder
After slowing to a crawl in the first half of 2009, deal-making among phone companies is bouncing back, a shift that's playing out in developed and fast-growing emerging markets alike. more
Related Tags: deutsche-telekom, vodafone, t-mobile, bharti-airtel, mtn
Hutchison Whampoa Full-Year Profits Down 43% on One-Off Items
Hong Kong based conglomerate, Hutchison Whampoa has reported a 43 percent slump in 2008 to HK$17.7 billion (US$2.3 billion) - from HK$30.6 billion (US$3.9 billion). The results were however higher than the average forecasts of HK$15.5 billion, according to analysts polled by Thomson Reuters. The reduction in income was due to the removal of a one-off exceptional profit from a year earlier. Revenues grew by 13 percent to HK$348 billion (US$44.9 billion) for the full year. more
Related Tags: thomson, 3g, eu, mobile-broadband, 3, hutchison
Vodafone, Hutchison Whampoa to Merge Australian Networks
Vodafone and Hutchison Whampoa have announced plans to merge their Australian networks to form a single mobile operator. Both companies will own 50% of the joint venture - which will retain the Vodafone brand name, although they retain the rights to the "three" brand as well. To equalise the value difference between the respective businesses, Vodafone will receive a deferred payment of A$500 million (US$337 million) from the joint venture company, VHA (Vodafone Hutchison Australia). more
Related Tags: itu, vodafone, h3g, hutchison, cfo, Australia
BT Mulls a Return to the UK Mobile Market
The UK's dominant landline operator, British Telecom (BT) is reported to be considering a return to the mobile market in an effort to boost profits by taping the growing market for combined home broadband/mobile services. more
Related Tags: t-mobile, hutchison-3g-uk, vodafone, mvno, o2, hutchison-3g, landline, hutchison, UK
UK Based Superdrug to Sell MVNO Top-Ups
UK based MVNO, Lebara Mobile says that it has signed a new partnership agreement with the high street retailer, Superdrug. Under the deal, Superdrug will sell Lebara Mobile airtime at its 915 stores across England, Scotland, Wales and Northern Ireland with immediate effect. more
Related Tags: mvno, hutchison-3g, lebara-mobile, hutchison, UK
Hutchison Shows off First In-House Developed Mobile Phone
Hutchison Whampoa has shown off the first of its new in-house designed mobile phones, which will be sold under the INQ brandname. The INQ¹ (yes, with a tiny 1) has been designed to offer a tight integration with the Facebook social networking website, and will be available exclusively from the Hutchison 3G mobile networks. more
Related Tags: skype, wind, hutchison-3g, rcom, mobile-internet, 3, facebook, hutchison, windows