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Mr Li Ka-shing, Chairman of Hutchison Whampoa (HWL), which owns H3G Italy, met with the Italian Prime Minister Silvio Berlusconi and personally presented him with the first Italian H3G SIM card. The SIM card represents the first ever number of a UMTS or third generation mobile service in Italy. The presentation took place in a formal meeting held recently in Palazzo Chigi, Rome between the Prime Minister and Mr Li, who was accompanied by senior executives of Hutchison Whampoa and H3G, including Victor Li and Canning Fok. During the meeting, the Prime Minster expressed great confidence in the prospects of 3G in Italy and warmly welcomed HWL's investments in H3G, which represents 40% of the foreign direct investments in the country in the 2001-2005 period. The Prime Minister also commented that Italy would always extend an open door to the Group to make further investments besides 3G. Meanwhile, Hutchison looks very likely it will launch 3G service in Italy next week and says handsets are ready for delivery to customers that have signed up to the service. The operator will start distributing 3G handsets on Monday to preregistered Italian users while retailers will have handsets at the end of the month. Over 100,000 consumers have registered their interest to subscribe to the 3G service. Hutchison has invested $5.4 billion on services and networks in Italy. In the UK, Hutchison has attracted 30,000 registrations with the cheapest monthly tariff at £59.99 and the most expensive at £99.99. The company has not confirmed the launch date for the service in the UK.
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