sector: Telecommunications Services ·
industry: Wireless Telecommunications Services ·
As of
25 Nov 2009
3.02USD
Hutchison Telecommunications International Limited is a provider of mobile and fixed-line telecommunications services. Using second generation global system for mobile communications, code division multiple access, global packet radio service, and third generation platforms, it offers customers a variety of telecommunications services, such as basic voice and data services to multimedia services using mobile technology. It uses the 3 brand in Indonesia, and the Hutch brand in Thailand and Sri Lanka. In Israel, it uses the orange brand, and in Vietnam, it uses the Vietnamobile brand. On May 7, 2009, the Hong Kong fixed-line business ceased to be one of the Company’s business segments when it completed the spin-off of HTHKH. On October 28, 2009, Hutchison Telecommunications Intnl. ltd. announced that its subsidiary, Advent Investments Pte Ltd, completed the sale of its controlling stake in Partner Communications Company Ltd. to Scailex Corporation Ltd.
BRIEF: For the six months ended 30 June 2009, Hutchison Telecom International Limited's revenues decreased 20% to HK$6.41B. Net loss from continuing operations totaled HK$460M vs. an income of HK$912M. Revenues reflects a decrease in sales from Israel and Thailand geographic markets. Net loss reflects a decrease in profit on disposal of investments, lower interest income and a decrease in operating margin.
Hutchison Telecommunications International Limited
20/F, Hutchison Telecom Tower,
99 Cheung Fai Road
Tsing Yi