Articles tagged with: Thomson and Hutchison

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: 3g, eu, mobile-broadband, 3, hutchison-whampoa

Telecoms M&A in Emerging Markets Expected to Remain Hot

LONDON (Dow Jones) -- Telecom deals in emerging markets such as sub-Saharan Africa, Russia and the Middle East are likely to continue apace in 2008, despite the global credit crisis.  more

Related Tags: virgin-mobile, citigroup, zain, orascom-telecom, london, essar, orascom, hutchison-essar