Articles tagged with: Hutchison and Tim

Vodafone Raises Debt for Indian Expansion

Vodafone Essar, the company's Indian subsidiary is reported to have sucessfully raised around Rs 10,000 crore (US$2 billion) in a 5-year debt financing for network expansion and the forthcoming 3G license auction. The loan was arranged by the State Bank of India Capital Markets.  more

Related Tags: , 3g, ict, vodafone, 3g-license, mumbai, tax, essar, vodafone-essar, court, auction, India


Hutchison Telecom Seeking Loan Following Spin-Off

hutchison Telecom is reported to be in talks to secure a HK$5.5 billion (US$710 million) loan to be injected into the company when it is spun off from its parent, hutchison Whampoa. Sources told the South China Morning Post that at least five lenders had shown "strong interest" in joining the loan because of their good relationship with the borrower  more

Related Tags: m1, , landline, hutchison-telecom, target, Hong Kong


Fitch Affirms Singtel's & Optus' Debt Ratings

Debt ratings agency, Fitch has affirmed Singapore's SingTel and its Australian subsidiary, Optus' Long-term foreign currency Issuer Default Ratings (IDR) at 'A'. The Outlook remains Stable. At the same time, Fitch has affirmed SingTel's and Optus' outstanding senior unsecured bonds at 'A'.  more

Related Tags: , vodafone, iden, singtel, optus, ais, bharti, sharp, warid-telecom, bharti-airtel, vodafone-australia, fitch, national-broadband-network, airtel, globe, Singapore


Arqiva named as principal cell site partner for 3G network integration project

Mobile Broadband Network Limited (MBNL), the network joint venture between T-Mobile UK and hutchison 3G UK, has selected Arqiva as its strategic partner for the provision of cell sites. Under the terms of the 10-year agreement, Arqiva will provide MBNL with 5,100 sites and Arqiva will have exclusive marketing rights for site sharing services on a further 2,500 sites.  more

Related Tags: t-mobile, 3g, 3-uk, hutchison-3g-uk, hutchison-3g, ovi, iden, t-mobile-uk, mobile-broadband, radio-access-network, 3, backhaul, partner, mbnl, arqiva, pace, UK


Italian Market continues to slow but Wind weathers storm

For the second successive quarter the Italian mobile market saw a net loss to its customer base, a decline of 0.17m taking the total below 85m with an end-quarter figure of 84.93m. Almost a quarter of a million customers were lost in the first half of the year. As a result, annual net additions were at their lowest level for four years with a twelve-month gain of 4.08m, while proportionate growth of 5.0% was the worst figure for five years.  more

Related Tags: w-cdma, vodafone, wind, Italy


Hutchison Telecom Names a New Chief Financial Officer

hutchison Telecom has announced that Mr Tim Pennington has given notice of his resignation as Chief Financial Officer and will step down at the end of August to return to the UK.  more

Related Tags: hutchison-telecom, seven, tax, essar, chief-financial-officer, hutchison-essar


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, hutchison-telecom, essar, chief-financial-officer, lawyer, hutchison-essar, hutchison-telecommunications-international, hutchison-telecommunications


Egyptian Mobile Operator Orascom Poised For Shopping Spree

BARCELONA (Dow Jones) -- Egyptian mobile operator Orascom Telecom has the cash to make an acquisition of up to US$5 billion, Chief Executive Naguib Sawiris told MarketWatch in an interview Wednesday. more

Related Tags: wind, orascom-telecom, london, naguib-sawiris, essar, hutchison-essar, hutchison-telecommunications


Orascom Favors Hutchison Telecoms Dividend

BARCELONA -(Dow Jones)- Orascom Telecom Holding believes Hong Kong-based hutchison Telecommunications International should consider paying a dividend to shareholders following the sale of its hutchison Essar unit, Orascom Chairman Naguib Sawiris said Wednesday.  more

Related Tags: orascom-telecom, bharti, naguib-sawiris, orascom-telecom-holding, essar, weather-investments, weather, hutchison-essar, hutchison-telecommunications-international, hutchison-telecommunications


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