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Articles tagged with: Li Ka Shing

Hong Kong tycoon drops $2 billion bid for PCCW

A Hong Kong tycoon abandoned his controversial $2 billion plan to take over the city's biggest telecom company Thursday after a court blocked the deal, handing regulators and minority shareholders a high-profile victory. more

Related Tags: pccw, richard-li, vas, Hong Kong


Apple Starts Selling Unlocked IPhones in Hong Kong

HONG KONG (AFP)--Apple has started selling unlocked models of its popular iPhone 3G in Hong Kong which allow users the freedom to select the telecoms provider of their choice.  more

Related Tags: iphone, apple, apple, gps, hutchison, Hong Kong


THIS WEEK IN CHINA: Mainland Telecom Stocks in Focus This Week

HONG KONG (Dow Jones) -- Mainland telecoms will be in focus this week, with the remaining three big companies in China lining up to report financial results in the wake of China Mobile's strong results a week ago.  more

Related Tags: avea, china-mobile, telefonica, china-netcom, hutchison, netcom, hutchison-whampoa, China


Hutchison Delays 3G Networks Break-Even Date

Hutchison Whampoa has delayed by one year the point where it expected its 3G operations to break into regular break-even profits on a reliable monthly basis. The company had previously anticipated that it would achieve positive monthly earnings before interest and taxes (EBIT) on a sustainable basis in 2008 - but now expects that moment to not occur until some time in 2009.  more

Related Tags: m1, tax, Hong Kong


Hutchison Whampoa Commits A$2.85 Billion To Australian Unit Issue

SYDNEY -(Dow Jones)- Hutchison Telecommunications Australia said Tuesday its parent Hutchison Whampoa has committed A$2.85 billion to the group as part of a rights issue of convertible preference shares. more

Related Tags: hutchison, hutchison-whampoa


Hutchison Launches Vietnam Mobile Service

HONG KONG -(Dow Jones)- Hutchison Telecommunications International said Monday it has launched a nationwide second-generation mobile phone service in Vietnam.  more

Related Tags: cdma2000


Hutchison Chairman Li: Worldwide 3G Subscribers Over 14 Million

HONG KONG -(Dow Jones)- Hutchison Whampoa has over 14 million subscribers for its third-generation mobile business globally, the company's chairman, Li Ka-shing, said. more

Related Tags: hutchison-whampoa


India's Reliance Has 4 Private Equity Partners - Source

HONG KONG -(Dow Jones)- India's Reliance Communications, which confirmed recently it is eyeing an acquisition of Hutchison Essar, has received support from four private-equity firms in a bid for the Indian mobile phone operator, a person familiar with the situation said Friday.  more

Related Tags: reliance-communications, essar-group, texas, orascom-telecom, reliance, bharti, bharti-airtel, maxis, essar, maxis-communications, hutchison-essar


Hutchison Unit 3 Italia's CEO Says Company Not For Sale

MILAN -(Dow Jones)- The Italian unit of telecommunications conglomerate Hutchison Whampoa 3 Italia, isn't for sale, the unit's chief executive said Thursday.  more

Related Tags: 3-uk, arun-sarin, 3-italia, hutchison-whampoa


Li Ka-shing Funds, Telefonica To Buy PCCW Stake"

HONG KONG -(Dow Jones)- Spanish telecom giant Telefonica and two charitable foundations run by tycoon Li Ka-shing will join financier Francis Leung in the acquisition of a controlling 22.7% stake in Hong Kong-listed PCCW. more

Related Tags: pccw, richard-li, china-netcom, netcom, son


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