Articles tagged with: M1 and Hutchison

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: , tim, landline, hutchison-telecom, Hong Kong

Hutchison Telecom Planning to Float Hong Kong Business

Hutchison Telecommunications International (HTIL ) is reported to be preparing to spin off its Hong Kong based landline and mobile networks in a stock market floatation later this year. The company is estimated to be worth around HK$12 billion (US$1.56 billion), although only a fraction of the shares are likely to be offered.  more

Related Tags: landline, Hong Kong