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Hutchison Whampoa


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PLDT, Hutchison Whampoa Units Sign MVNO Deal in Italy

Philippine Long Distance Telephone Friday said a subsidiary has signed deals with two units of Hutchison Whampoa for a mobile virtual network operator, or MVNO, venture in Italy.

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Ari Zoldan speaking at Mobile Monday about Wimax and Cradlepoint Technology

Here is a small clip from tht mobile monday event in the Samsung Center that we streamed from our pda using quik. Ari spoke on an expert panel along with Robert Samuels of the New York Times and Carl Taylor of Hutchison Whampoa Europe. During the discussion, Ari explained how one can create a personal [...]

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Hutchison Whampoa reports a drop in net profit (Hong Kong)

Hutchison Whampoa posted a 63% drop in first-half earnings, yet able to beat the expectations and credit goes to shrinking telecom losses and better income from its energy and port businesses. Net income for the six months ended June 30 reportedly was HK$10.69 billion compared with HK$28.76 billion in the same period last year. But [...]

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World Business Briefing | Asia: Hong Kong: Hutchison Earnings Decline

Hutchison Whampoa, the industrial conglomerate controlled by the Asian tycoon Li Ka-shing, reported a 63 percent decline in earnings for the first six months of the year.

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Hutchison Whampoa Profit Falls 63%

But Li Ka-shing’s conglomerate still beat expectations thanks to shrinking telecom losses and better income from its energy and port businesses.

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Hutchison results reflecting narrowing 3-G losses

Hutchison Whampoa Ltd. Thursday reports better than expected first-half net profit, as the conglomerate run by tycoon Li Ka-shing posts a narrower loss on its third-generation cellular operations. Upbeat results at its port and energy earnings also boost the group's performance.

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Hutchison Whampoa Profits Rise on Lower 3G Loses

Hong Kong conglomerate, Hutchison Whampoa has posted a first half profit which beat the average of analyst estimates on lower loses from its 3G operations and higher port and energy earnings.

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3 Group subscriber base grows by 7% (Hong Kong)

3 Group has reported an EBIT loss of HKD 3.18 billion in H1′08 which was HKD 11.32 billion a year earlier. The Hutchison Whampoa company has restated it’s target to move to positive EBIT for a positive full year result in 2009. The H1 revenue rose 14% HKD 32.09 billion, and EBITDA improved to HKD 10.50 [...]

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Hutchison Whampoa's Net Drops 63%

Hutchison Whampoa posted a 63% fall in first-half net profit amid a year-earlier gain, but beat expectations as the conglomerate run by tycoon Li Ka-shing showed solid results across its core businesses.

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3 Group narrows losses, sees positive EBIT from H2

(Telecompaper) 3 Group reported an EBIT loss of HKD 3.18 billion for the first half of 2008, narrowing from a loss of HKD 11.32 billion a year earlier. The Hutchison Whampoa company reiterated its target to move to positive EBIT on a monthly basis in the second half of this year and post a positive full-year result in 2009. The mobile operator's first-half revenues rose 14 percent HKD 32.09 billion,...

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Hutchison first-half profit drops 63% on-year

HONG KONG (MarketWatch) -- Diversified Hong Kong-based conglomerate Hutchison Whampoa Thursday said its first-half net profit dropped 63% from the same period a year ago to HK$10.69 billion ($1.37 billion). The results were better than expected. The drop in profits was due to the sale of the group's mobile operations in India, which boosted earnings in the year-earlier period. The company, controlled...

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Hutchison Whampoa profit dives, but beats forecasts

THE 63% drop was due in part to the lack of asset sales, but it beat analysts' forecasts that profit would fall below HK$10bn.

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Hutchison Whampoa may report a steep fall in net profit for 1H (Hong Kong)

According to analysts, Hong Kong tycoon Li Ka-shing’s conglomerate Hutchison Whampoa Ltd. could post a sharp decline in net profit for the first half of the year due to lower gains from asset sales. Net income for the six months could have dropped more than 70 percent to HK$8.6 billion compared with HK$28.76 billion in [...]

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Hutchison Whampoa to post steep decline

Read full story for latest details.

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EU Data Costs 'Seriously Harming' Content Market

Three parent Hutchison Whampoa is calling for roaming data charges to be lowered across Europe. It said it had reached a million mobile broadband subscribers across the continent but is being stifled by high costs. European telecoms director Christian Salbaing: "Consumers are rightly fearful of the excessive charges faced when they roam off our networks. Some networks are charging the equivalent of...