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Articles tagged with: Li Ka Shing and M1
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