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Qualcomm and Teleepoch Enter Into a 3G CDMA Subscriber Unit License Agreement, October 6, 2007

MTN chooses Cambridge Broadband Networks for multi-service wireless network in Rwanda, October 6, 2007

Brazilian government to publish 3G bidding rules soon, October 6, 2007

KTF 3G service suffers from technical problems, October 6, 2007

Argentina’s Personal lunches 3G service in Rosario, October 6, 2007

Russia has it's first 3G network, October 6, 2007

AT&T could drop Alcatel-Lucent as 3G mobile network supplier, October 6, 2007

Enea Extends License Agreement with ZTE for 3G Handsets, October 2, 2007

LG to unveil premium handsets in Brazil, October 2, 2007

KTF 3G subscribers doubled in less than 3 months, October 2, 2007

3G policy in India will be non-uniform, October 2, 2007

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Hutchison lost increased in Australia

February 19, 2003

Hutchison Telecom of Australia has reported an jump in its full-year loss by 44% in 2002 as it continued to pour money into 3G.

However, Hutchison, 58%-owned by Hutchison Whampoa, also said Tuesday its existing Orange mobile business turned earnings positive in the second half of the year, as forecast.

The result was in line with expectations for heavy losses as the operator prepares to launch 3G in the first quarter of calendar 2003.

Hutchison said its net loss for the year to 2002 was A$197.3 million ($116.4 million), compared with a loss of A$137 million a year earlier.

The stock has lost almost half its value in the past year as other large telecom groups defer plans for costly 3G spending amid a global telecoms downturn.

Hutchison has already raised A$1 billion to build the 3G network and previously signaled it would look at debt market funding options early this year for a remaining A$2 billion.

 


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