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CK Hutchison mulls keeping 3UK, O2 separate

2016-03-17 01:00:00| Total Telecom industry news

Hong Kong holding company considering 3 stake sale to new investor to help fund acquisition.

Hutchison steps up concessions for O2 deal - report

2016-03-15 15:07:00| Telecompaper Headlines

(Telecompaper) CK Hutchison is stepping up its offer to allay competition concerns about its proposed takeover of O2 UK, the Financial Times reports. While the European Commission and Ofcom have reportedly pushed for the company to support a fourth network in the UK, Hutchison is instead proposing to reserve 30 percent of its network for one or more newcomers, according to the FT's sources. This would go further than a MVNO deal, offering permanent access to a share of the network or even partial ownership for one or more new players. This may include a "starter" package of spectrum and ownership of some O2 network sites. The EC is reportedly keen to seen the remedies in place immediately after the deal closes, especially given recent evidence that prices jumped in Austria after a similar consolidation move by Hutchison there.

Tags: report deal steps concessions

CK Hutchison offers network capacity to win over EC

2016-03-15 01:00:00| Total Telecom industry news

Commission reportedly still keen to facilitate entry of new mobile operator.

Tags: network offers win capacity

Vodafone Hutchison adds 135,000 customers

2016-02-22 07:16:37| Telecom - Topix.net

Mobile operator Vodafone Hutchison Australia has reported a rise in annual earnings and revenue, luring 135,000 new customers to its network. Vodafone Hutchison - a 50/50 joint venture between Vodafone Group and Hutchison Telecommunications in Australia - booked a 5.4 per cent rise in earnings before interest, tax, depreciation and amortisation to $813 million in the year ended December 31 from a year ago.

Tags: customers adds vodafone hutchison