Synopsis
Archived report: this report was archived 29th July 2009 and has not been updated.
Telecommunications is one of the divisions of Hutchison Whampoa, a huge Hong Kong based conglomerate. The company is a global telecommunications player with interests in 19 countries in Hong Kong, Asia, Europe, Australasia, the Middle East and South America. A specialist in mobile communications, the company has invested billions in 3G licences and infrastructure in Hong Kong, Europe, Australasia and Israel. Branded ‘3’, it was the world’s first UMTS 3G to market in 2003, in UK, Italy and Australia. With a slower take-up than expected, the company could be forced to sell more assets to finance its international 3G rollout, or substantially modify its 3G strategy.