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Topic: Hutchison Whampoa

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In the News (Thu 21 Feb 19)

  Hutchison Whampoa - Wikipedia, the free encyclopedia
Hutchison Whampoa was also Asia's largest satellite television broadcaster until they sold their stake in Star TV to Rupert Murdoch's News Corp.
Hutchison Whampoa have also been criticized for heavy-handedness towards British art charity The Couper Collection, by The Daily Mirror, The Telegraph (2002), and The Sunday Times (2004).
Hutchison Whampoa is alleged to have many dealings with front companies for the People's Liberation Army in China.
en.wikipedia.org /wiki/Hutchison_Whampoa   (787 words)

 BBC NEWS | Business | Hutchison upbeat on 3G prospects
Hutchison Whampoa, owner of Europe's pioneering third generation mobile network '3,' has said it is confident the new service will take off.
Hutchison said it had ordered three million new 3G handsets in anticipation of a surge in new subscriptions in the autumn and winter.
Hutchison's optimistic 3G forecast came as the company, which also has interests in hotels, container ports, supermarkets, and oil, turned in a net profit of HK$ 6bn ($778m ; £466.8m) for the first six months of the 2003, up from HK$5.9bn during the same period last year.
news.bbc.co.uk /1/hi/business/3169565.stm   (287 words)

 rediff.com: Hutchison Whampoa plans to list India cellular phone business
Hong Kong's conglomerate Hutchison Whampoa is planning to consolidate its cellular telephone assets in India and list them within a year to 18 months, it was reported on Monday.
Hutchison holds a 25 per cent share of the Indian telecommunications market with operations in Bombay, New Delhi and Calcutta, Fok said.
Hutchison, headed by tycoon Li Ka-shing, sold its second-generation holdings -- Orange and Ovice-Stream Wireless -- as part of plans to upgrade its portfolio to third-generation mobile operators.
www.rediff.com /money/2000/dec/04hutch.htm   (351 words)

 TIME Asia Magazine: 3G Glasses -- Dec. 02, 2002   (Site not responding. Last check: 2007-10-21)
The chairman of conglomerate Hutchison Whampoa enjoyed a reputation not unlike America's Warren Buffett—when he made a contrarian call, everyone assumed he was right and the world was wrong.
Hutchison's partners in the United Kingdom—Japan's NTT DoCoMo and the Netherlands' KPN Mobile—have written down the values of their portions of the business by 80% and 86%, respectively.
Hutchison Whampoa's management likes telecom's long-term prospects for fast growth and high returns, but only as a complement to more stable cash generators, such as ports and utilities.
time.com /time/asia/magazine/article/0,13673,501021202-393811,00.html   (1943 words)

 Hutchison Whampoa and Global Crossing Complete Telecom Joint Venture in Hong Kong
Hutchison Whampoa has agreed that the fixed line telecommunications activities it pursues in China will be carried out by the joint venture.
The transaction, which was approved by the Boards of Directors of Hutchison Whampoa and Global Crossing Ltd. in November, was completed after meeting necessary regulatory and other approvals and customary closing conditions.
Hutchison Whampoa is a Hong Kong-based conglomerate with origins dating back to the 1800's.
www.globalcrossing.com /xml/news/2000/january/12.xml   (752 words)

 BBC NEWS | Business | Hutchison hit by 3G phone losses
Hutchison Whampoa said its 3G phone business, which operates in the UK, Italy and four other countries, remained a drain on profit in 2003.
Hutchison, owned by 75-year-old tycoon Li Ka-shing, blamed poor handset sales and is planning to sell assets to help fund the business it started last year.
Hutchison said it now had about 361,000 customers in the UK and about 453,000 in Italy.
news.bbc.co.uk /1/low/business/3523010.stm   (314 words)

 Hutchison Telecoms Australia/hutchison2004staging/global/display/
Hutchison Telecoms is focused on delivering leading communications and multimedia services to the Australian consumer.
Customers today want more from their mobile service, whether its watching live mobile TV or enjoying lower call rates, so consumers themselves are driving the acceptance and uptake of 3G.
Hutchison launched Australia’s first 3G service in April 2003, and has over half a million customers using the network not only for voice calls and messaging services, but also tuning in to our mobile TV channels, downloading and listening to full length audio and music videos, and videocalling friends and family.
www.hutchison.com.au   (140 words)

 Hutchison Whampoa Limited and Singapore Technologies Telemedia Pte. Ltd. Plan to Invest $750 Million in Global Crossing
Hutchison Whampoa and Singapore Technologies Telemedia are perfect matches for Global Crossing.
Hutchison Whampoa is a Hong Kong-based multinational conglomerate with origins dating back to the 1800s.
Hutchison is also part of the Li Ka-shing group of companies, which together represent about 15% of the total market capitalization of the Hong Kong stock market.
www.globalcrossing.com /xml/news/2002/january/28.xml   (914 words)

 Nordic Wireless Watch / Hutchison Whampoa wants to kick KPN from 3
According to rumors, Hutchison Whampoa is looking to kick the Dutch mobile operator KPN out of their joint venture Hutchison 3G UK.
Parent company Hutchison is miffed at KPN Mobile for refusing last week to grant Hutchison 3G UK a shareholder loan of GBP 150 million (EUR 217,2m).
Hutchison Whampoa has said it will invest a further GBP 650 million and, if necessary, also cover KPN’s share of the additional funding.
www.nordicwirelesswatch.com /wireless/story.html?story_id=3058   (213 words)

 CNN.com - Hutchison Whampoa denies seeking to sell Vodafone stake - Aug. 24, 2001
Hutchison acquired its stake in Vodafone as the result of a series of asset trades, ultimately selling its shares in German telecom operator Mannnesmann to the UK company last year, in return for Vodafone shares.
Hutchison's own share price has been battered, partly because of its hefty spending on ventures seeking to establish themselves as providers of third-generation mobile-phone services in Europe.
Hutchison received a 4.9 percent stake, or 207 million shares, in the German telecoms giant after Deutsche Telekom (FDTE) bought U.S. mobile-phone operator VoiceStream Wireless, in which Hutchison had a sizeable holding.
edition.cnn.com /2001/BUSINESS/08/24/Hutchison   (519 words)

 Hutchison Whampoa Limited - Telecommunications > Overview
Another of our major telecommunications subsidiary is Hutchison Telecommunications International Limited (Hutchison Telecom), which was listed on the Hong Kong and New York stock exchanges in October 2004.
Hutchison Telecom has a significant presence, and in many cases is a market leader, in nine dynamic markets, operating or rolling out mobile services in Hong Kong and Macau, India, Israel, Thailand, Sri Lanka, Ghana, Indonesia and Vietnam.
Hutchison Telecom is built on a high-growth strategy focused on mobile telecommunications services markets with economic prospects and good demographics.
www.hutchison-whampoa.com /eng/telecom/overview.htm   (432 words)

 Text of Secret U.S. Intelligence Report Re: Hutchison Whampoa   (Site not responding. Last check: 2007-10-21)
Hutchison Whampoa also may plan to lease a limited portion of Rodman Naval Station as well as some storage space at the reverted Albrook Air Station.
Hutchison Whampoa's owner, Hong Kong tycoon Li Ka-Shing, has extensive business ties in Beijing and has compelling financial reasons to maintain a good relationship with China's leadership.
Hutchison's containerized shipping facilities in the Panama Canal, as well as the Bahamas, could provide a conduit for illegal shipments of technology or prohibited items from the West to the PRC, or facilitate the movement of arms and other prohibited items into the Americas.
www.newsmax.com /articles/?a=2000/1/19/04542&s=lh   (373 words)

 Technorati Tag: HutchisonWhampoa
Hutchison Whampoa: In-depth Company Info Go to Hoover's for information on operations and products, financials, officers, competitors and more.
Hong Kong conglomerate Hutchison Whampoa Ltd said Wednesday it had got approval to launch the initial public offering (IPO) of its third-generation...
Hutchison Whampoa said its number of third-generation mobile phone subscribers rose 10% over the past three months, the South China Morning Post...
www.technorati.com /tag/HutchisonWhampoa   (369 words)

 Red China: New Gatekeeper Of Our Canal -- Phyllis Schlafly October 20, 1999 column.
The 50-year leases were awarded to a Chinese Hong Kong corporation named Hutchison Whampoa operating under the name Hutchison Port Holdings.
The billionaire chairman of Hutchison Whampoa, Li Ka-shing, was a business and political buddy of the late Deng Xiaoping and now has the same close relationship with both Jiang Zemin and the Riady financial empire of Indonesia.
Hutchison Whampoa partnered in several enterprises with China Ocean Shipping Company (COSCO), which is directly controlled by the People's Liberation Army, and served as a middleman in China's deals with the U.S. firms Hughes and Loral.
www.eagleforum.org /column/1999/oct99/99-10-20.html   (825 words)

 ABC News: Hutchison Whampoa Shedding HK Port Stake   (Site not responding. Last check: 2007-10-21)
HONG KONG Jun 12, 2005 (AP)— Conglomerate Hutchison Whampoa Ltd. is selling its stake in Hong Kong's port operations to Singapore's PSA International Ltd. for $925 million cash.
The company, controlled by billionaire tycoon Li Ka-shing, is shedding its 20 percent stake in Hongkong International Terminals and a 10 percent stake in COSCO-HIT, a joint venture with COSCO Pacific Ltd. that runs the No. 8 terminal in Hong Kong's Kwai Chung port.
Hutchison is one of the world's largest private port operators, operating 39 ports in 19 countries.
abcnews.go.com /Business/wireStory?id=842814&CMP=OTC-RSSFeeds0312   (316 words)

 Hutchison Whampoa shares rise 3 percent   (Site not responding. Last check: 2007-10-21)
Hutchison Whampoa agreed Friday to sell a 20 percent stake in its ports unit to rival PSA International Pte.
Last June, Hutchison sold to PSA a 20 percent stake in Hongkong International Terminals and a 10 percent stake in COSCO-HIT, a joint venture with COSCO Pacific Ltd. that runs the No. 8 terminal in Hong Kong's Kwai Chung port.
Hutchison Port Holdings Ltd., the company's port unit, operates 42 ports in 20 countries, including HIT Terminals in Hong Kong.
businessweek.com /ap/financialnews/D8H6B3Q80.htm?...&chan=gb   (638 words)

 Cambridge Telcom Report: Hutchison Whampoa Limited & Global Crossing Forms US$1.2 Billion -HK$9.3 Billion- Fixed-Line ...
Hutchison Whampoa Limited ("Hutchison") and Global Crossing Ltd. ("Global Crossing") announced Monday that they have agreed to form a 50/50 joint venture to pursue fixed-line telecommunications and Internet opportunities in the Hong Kong Special Administrative Region, China ("Hong Kong").
The 50/50 joint venture will combine Hutchison Whampoa's existing territory-wide, building-to-building fixed-line telecommunications and certain Internet-related assets in Hong Kong with Global Crossing's international cable capacity and growing inventory of web hosting, Internet applications and data services.
Hutchison Whampoa Chairman Li Ka-shing remarked, "I am very pleased that Hutchison will have a successful company like Global Crossing as our partner for the telecommunication business in Hong Kong and potentially in the Greater China region.
www.findarticles.com /p/articles/mi_m0BFP/is_1999_Nov_22/ai_57758526   (457 words)

 CNN.com - Hutchison extends Indian footprint - Jun 27, 2004
While terms of the deal were not disclosed, Indian media reports over the weekend said Hutchison was paying 12 billion rupees plus 4 billion rupees in assumed Aircel debt.
Hutchison said that since entering the Indian telecommunications market in 1994, it had grown from a single operation in Mumbai to what would now be 14 licence areas.
Essar Group vice chairman Ravi Ruia said Essar's joint venture with Hutchison dated back four years and he was delighted to "extend it to a larger footprint".
edition.cnn.com /2004/BUSINESS/06/27/india.hutch   (259 words)

 TheStreet.com: Hutchison-Whampoa Investors: What's Up With the European 3G Strategy?
Hutchison accounts for nearly 15% of the fund's holdings.
While such funds will be closely watching how Hutchison explains its moves, analysts are split on whether the company has acted rashly.
Loh reckons Hutchison's shares could rise to around HK$120 in coming months and is forecasting a price target of HK$145 within a year.
www.thestreet.com /int/asia/1052039.html   (712 words)

 Cyberworks' Richard Li cuts ties to Hutchison Whampoa - Aug. 16, 2000
LONDON (CNNfn) - Hong Kong entrepreneur Richard Li resigned as deputy chairman of Hutchison Whampoa Ltd. on Wednesday, severing his ties with the conglomerate controlled by his billionaire father to avoid conflict of interest concerns.
Li is the younger son of Li Ka-shing, the chairman of Hutchison and Cheung Kong (Holdings) Ltd.
Hutchison announced Richard Li's resignation in a brief statement.
money.cnn.com /2000/08/16/asia/hutchison   (257 words)

 Hutchison Whampoa Scraps Plan to Buy Global Crossing
NEW YORK -- Hutchison Whampoa Ltd., owned by Hong Kong billionaire Li Ka-shing, scrapped a plan to buy control of Global Crossing Ltd. after the U.S. extended a national security review of the proposed $250 million purchase, Bloomberg News reported Wednesday.
Singapore Technologies Telemedia Pte, which had jointly bid with Hutchison, will proceed with an offer on its own, Hutchison said in a statement distributed through PRNewswire.
U.S. government officials were concerned that China would exert undue influence over Hutchison's ownership of Global Crossing's fiber-optic network.
www.nysscpa.org /home/2003/0403/4week/article52.htm   (163 words)

 Li Ka-shing, Hutchison Whampoa
His conglomerate, Hutchison Whampoa Ltd. (HUWHY), is the world's largest independent port operator, with facilities everywhere from China to Panama to Britain.
By the time the dealmaking was complete in February, Li and other Hutchison shareholders had netted a $22 billion profit.
The company's modest dining room at Hutchison House in Hong Kong's central business district is decorated with English landscape paintings, reminders that Hutchison was British-owned until Li snatched it up two decades ago.
www.businessweek.com /2001/01_02/b3714029.htm   (318 words)

 The Old New Thing : Hyperlinking to Hutchison Whampoa Limited forbidden   (Site not responding. Last check: 2007-10-21)
Clue to Hutchison Whampoa and the Finnish police:
It is advised that those who wish to make use of the copyright material should contact the Information Unit of the Ministry of the Interior's Police Department by e-mail at info@krp.poliisi.fi.
Hm, Hutchison Whampoa doesn't seem to have a /robots.txt file.
blogs.msdn.com /oldnewthing/archive/2005/01/20/357226.aspx   (2836 words)

 Hong Kong's Hutchison Whampoa unit to offer Skype on mobile devices - Forbes.com   (Site not responding. Last check: 2007-10-21)
HONG KONG (AFX) - Hutchison Whampoa Ltd unit Hutchison 3 Group said it has entered into an agreement with internet communications company Skype to enable Skype communications on its 3G service.
Hutchison 3 plans to launch Skype-enabled mobile devices later this year and is running trials in Austria, Australia, Hong Kong, Sweden, the UK and Italy.
The partnership will enable Hutchison to tap the 75 mln people using Skype across Hutchison's territories and promote the benefits of using Skype on Hutchison's networks, the company said.
www.forbes.com /technology/feeds/afx/2006/02/15/afx2527583.html   (373 words)

 TheStreet.com: Hutchison-Whampoa Investors: What's Up With the European 3G Strategy?
TOKYO -- European wireless strategy, not numbers, will be high on investors' radar Thursday when Hutchison Whampoa (HUWHY:OTC BB) reports first-half fiscal earnings.
Within hours of winning a license last Thursday, Hutchison pulled out of a consortium with Holland's KPN Telecom, BellSouth (BLS:NYSE) and indirectly NTT DoCoMo, which has a 15% holding in KPN.
This will include a net exceptional gain of HK$37.7 billion from the company's sale of its 10.2% stake in Mannesmann to Vodafone AirTouch (VOD:NYSE ADR) earlier this year.
www.thestreet.com /pf/int/asia/1052039.html   (704 words)

 The 3G Portal | 3G News Archives 2003: 3 - Hutchison Whampoa says no plan to write down 3G investment   (Site not responding. Last check: 2007-10-21)
Hutchison Whampoa group finance director Frank Sixt said the company does not intend to write down the value of its interest in Hutchison 3G UK Ltd (H3G).
10 - Hutchison Whampoa to inject £650million in Three
5 - Hutchison Whampoa may be downgraded due to 3G
www.the3gportal.com /members/archives/002801.php   (132 words)

 baynews9.com - Business News : Hutchison Whampoa Shedding HK Port Stake
Conglomerate Hutchison Whampoa Ltd. is selling its stake in Hong Kong's port operations to Singapore's PSA International Ltd. for $925 million cash.
It will use net proceeds from the sale, which is expected to be completed on or before June 22, for general corporate purposes.
Use of this site constitutes acceptance of our User Agreement.
www.baynews9.com /content/9/2005/6/12/91202.html   (301 words)

 Hutchison Whampoa denies seeking to sell Vodafone stake - Aug. 24, 2001
Hutchison Whampoa denies seeking to sell Vodafone stake - Aug. 24, 2001
Hong Kong's Hutchison says reports of Vodafone share sale 'untrue'
LONDON (CNN) - Hutchison Whampoa has denied reports it is seeking to sell its stake in Vodafone, the world's biggest mobile-phone company.
money.cnn.com /2001/08/24/europe/Hutchison   (523 words)

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