Hutchison Telecommunications International Limited
Encyclopedia
Hutchison Telecommunications International Limited (‘Hutchison Telecom’ or ‘the Group’) (Former stock code: ) is a leading global provider of telecommunications services. The Group currently offers mobile and fixed-line telecommunication services in Hong Kong
and Israel
, and operates mobile telecommunications services in Indonesia
, Vietnam
, Sri Lanka
and Thailand
. It was the first provider of 3G
mobile services in Hong Kong, Macau
and Israel, operates brands including Hutch, 3
and Vietnamobile.
Hutchison Telecom provide GSM services in Vietnam
, Sri Lanka
and CDMA technology services in Indonesia
and Thailand
.
Hutchison Telecom was a listed company with American Depositary Shares
quoted on the New York Stock Exchange
and shares listed on the Stock Exchange of Hong Kong. In May 2010, however, the stocks were delisted as Hutchison Telecom became a fully owned subsidiary of the Hong Kong-based Hutchison Whampoa
Group.
) mobile broadband telecommunications business, based on the European UMTS
(W-CDMA
) 3G standard.
In early 2007, Hutchison Telecom made headlines by selling its 67% interest in the Indian mobile phone network Hutch Essar to Vodafone
for US$
13.1 billion (of which $2 billion was debt).
In 2009, Hutchison sold its controlling stake in Orange Israel to Scailex Corporation
.Thus it ended using the Orange brand for providing mobile services.
In 2009, it spun off Hutchison Telecommunications Hong Kong Holdings
to be listed on the Hong Kong Stock Exchange
.
) and New York (NYSE
). It is fully owned by Hutchison Whampoa
. Another significant shareholder is Cheung Kong Holdings, which also has a large stake in Hutchison Whampoa.
.
, they used Orange brand in Israel
. Recently they have sold the controlling stake in this venture to Scailex Corporation
. Thus it ends the story of Orange brand associated with Hutchison Telecom. Though Scailex Corp are still using this brand for their Operations.
n operation, commonly known as Hutch, is the country's youngest and smallest operator, but is growing fast. The company recently introduced GPRS feature on its network and also an air time sharing system called "me2u" for transferring credit from one Hutch phone to another. Currently, Hutch Sri Lanka offers only prepaid mobile phone connections.
to design, build and operate state-of-the-art 2G and 3G nationwide wireless networks. HCPT launched its commercial services on 30 March 2007 under the 3 brand.
Indonesia is an extremely attractive wireless market with a sizable population and a relatively low mobile penetration rate. It is an excellent example of Hutchison Telecom's vision and strategy in achieving growth in emerging markets.
At the end of September 2009, HCPT's customer base grew to approximately 7.3 million.
While they offered a superior network, the market uptake was greatly hampered by the lack of affordable CDMA handsets, in particular, those with the Vietnamese language option, coupled with the trend of leading manufacturers to scale back handset development for this market.
On 8 March 2008 they received government approval to convert from CDMA technology to GSM. After the successful conversion, it launched GSM services in April 2009 under the new brand "Vietnamobile". The brand surpassed the one million customer mark within six months of launch, mostly in the prepaid segment.
Vietnam offers some of the highest growth potential in the region.
and in central, east coast and west coast regions of Thailand
.
In 2003, Hutchison CAT launched marketing services for CAT Telecom’s CDMA mobile services under the brand Hutch, providing high speed voice and data wireless service to customers.
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
and Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
, and operates mobile telecommunications services in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
, Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
, Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
and Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
. It was the first provider of 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...
mobile services in Hong Kong, Macau
Macau
Macau , also spelled Macao , is, along with Hong Kong, one of the two special administrative regions of the People's Republic of China...
and Israel, operates brands including Hutch, 3
Hutchison 3G
3 is a brand name under which several UMTS-based mobile phone networks and Broadband Internet Providers are operated in Australia, Austria, Denmark, Hong Kong, Macau, Indonesia, Ireland, Italy, Sweden, and the United Kingdom...
and Vietnamobile.
Hutchison Telecom provide GSM services in Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
, Sri Lanka
Sri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
and CDMA technology services in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
and Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
.
Hutchison Telecom was a listed company with American Depositary Shares
American Depositary Shares
An American depositary share is a vehicle for foreign corporations to list their ordinary equity on an American stock exchange, such as the New York Stock Exchange or the NASDAQ....
quoted on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
and shares listed on the Stock Exchange of Hong Kong. In May 2010, however, the stocks were delisted as Hutchison Telecom became a fully owned subsidiary of the Hong Kong-based Hutchison Whampoa
Hutchison Whampoa
Hutchison Whampoa Limited or HWL of Hong Kong is a Fortune 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL is an international corporation with a diverse array of holdings which includes the world's biggest port and telecommunication operations in 14...
Group.
History
In 1999 and 2000, Hutchison Telecom sold its Orange and VoiceStream interests and re-invested the greater part of the proceeds to develop its global third-generation (3G3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...
) mobile broadband telecommunications business, based on the European UMTS
Universal Mobile Telecommunications System
Universal Mobile Telecommunications System is a third generation mobile cellular technology for networks based on the GSM standard. Developed by the 3GPP , UMTS is a component of the International Telecommunications Union IMT-2000 standard set and compares with the CDMA2000 standard set for...
(W-CDMA
W-CDMA
W-CDMA , UMTS-FDD, UTRA-FDD, or IMT-2000 CDMA Direct Spread is an air interface standard found in 3G mobile telecommunications networks. It is the basis of Japan's NTT DoCoMo's FOMA service and the most-commonly used member of the UMTS family and sometimes used as a synonym for UMTS...
) 3G standard.
In early 2007, Hutchison Telecom made headlines by selling its 67% interest in the Indian mobile phone network Hutch Essar to Vodafone
Vodafone
Vodafone Group Plc is a global telecommunications company headquartered in London, United Kingdom. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers , with around 341 million proportionate subscribers as of...
for US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
13.1 billion (of which $2 billion was debt).
In 2009, Hutchison sold its controlling stake in Orange Israel to Scailex Corporation
Scailex Corporation
Scailex Corporation Ltd. was known as Scitex Corporation Ltd. until December 2005. Scitex was an Israel-based multi-national company, founded by Efraim Arazi in the late 1960s, and which at one stage was considered the flagship of Israeli industry. The company specialized in producing products,...
.Thus it ended using the Orange brand for providing mobile services.
In 2009, it spun off Hutchison Telecommunications Hong Kong Holdings
Hutchison Telecommunications Hong Kong Holdings
Hutchison Telecommunications Hong Kong Holdings Limited is a telecommunication operator in Hong Kong. It operates GSM dual-band and 3G mobile telecommunications services in Hong Kong and Macau under the licensed “3” brand and provides fixed line telecommunications services in Hong Kong under the...
to be listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
.
Company structure
Hutchison Telecom was formerly listed on the stock exchanges of Hong Kong (SEHKHong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
) and New York (NYSE
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
). It is fully owned by Hutchison Whampoa
Hutchison Whampoa
Hutchison Whampoa Limited or HWL of Hong Kong is a Fortune 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL is an international corporation with a diverse array of holdings which includes the world's biggest port and telecommunication operations in 14...
. Another significant shareholder is Cheung Kong Holdings, which also has a large stake in Hutchison Whampoa.
3G
Hutchison Telecom's parent company, Hutchison Whampoa, led the development 3G services under the 3 brand. It was first to roll out commercial 3G services based on high speed mobile video telephony, streaming and downloads, as well as music, voice and data services. Hutchison Whampoa Limited currently holds 3G licences in nine markets: Australia, Austria, Denmark, Ireland, Italy, Macau, Norway, Sweden and the UKHutchison India
Hutchison Essar Limited started operations under the brand name "Orange" in Mumbai. In other states it was marketed under "Hutch" brand. It was then changed to "Hutch" nationwide when they expanded rapidly to become the third largest mobile service provider in India and furthered its market share through the acquisition of BPL, Fascel, Command & Aircel Digilink. On March 31, 2007 Hutch Essar sold its 67.1% stake to VodafoneVodafone
Vodafone Group Plc is a global telecommunications company headquartered in London, United Kingdom. It is the world's largest mobile telecommunications company measured by revenues and the world's second-largest measured by subscribers , with around 341 million proportionate subscribers as of...
.
Hutchison Orange Israel
Even after selling the Orange Brand to France TelecomFrance Télécom
France Telecom S.A. is the main telecommunications company in France, the third-largest in Europe and one of the largest in the world. It currently employs about 180,000 people and has 192.7 million customers worldwide . In 2010 the group had revenue of €45.5 billion...
, they used Orange brand in Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
. Recently they have sold the controlling stake in this venture to Scailex Corporation
Scailex Corporation
Scailex Corporation Ltd. was known as Scitex Corporation Ltd. until December 2005. Scitex was an Israel-based multi-national company, founded by Efraim Arazi in the late 1960s, and which at one stage was considered the flagship of Israeli industry. The company specialized in producing products,...
. Thus it ends the story of Orange brand associated with Hutchison Telecom. Though Scailex Corp are still using this brand for their Operations.
Hutchison Telecom Sri Lanka
The company's Sri LankaSri Lanka
Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka is a country off the southern coast of the Indian subcontinent. Known until 1972 as Ceylon , Sri Lanka is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the...
n operation, commonly known as Hutch, is the country's youngest and smallest operator, but is growing fast. The company recently introduced GPRS feature on its network and also an air time sharing system called "me2u" for transferring credit from one Hutch phone to another. Currently, Hutch Sri Lanka offers only prepaid mobile phone connections.
3 Indonesia
In July 2005, Hutchison Telecom acquired a 60% equity stake in PT Hutchison CP Telecommunications ("Hutchison CP Telecom" or "HCPT"; formerly known as PT Cyber Access Communications) from the Charoen Pokphand Group Indonesia. In 2006, HCPT announced that it retained SiemensSiemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...
to design, build and operate state-of-the-art 2G and 3G nationwide wireless networks. HCPT launched its commercial services on 30 March 2007 under the 3 brand.
Indonesia is an extremely attractive wireless market with a sizable population and a relatively low mobile penetration rate. It is an excellent example of Hutchison Telecom's vision and strategy in achieving growth in emerging markets.
At the end of September 2009, HCPT's customer base grew to approximately 7.3 million.
Vietnamobile
In July 2004, Hutchison Telecommunications (Vietnam) S.à r.l. ("Hutchison Telecom Vietnam"), a wholly owned subsidiary of Hutchison Telecom, entered into a business cooperation contract with Hanoi Telecom Joint Stock Company. In February 2005, Hutchison Telecom was granted an investment licence by the government for the project and in January 2007, we launched CDMA service under the brand HT Mobile.While they offered a superior network, the market uptake was greatly hampered by the lack of affordable CDMA handsets, in particular, those with the Vietnamese language option, coupled with the trend of leading manufacturers to scale back handset development for this market.
On 8 March 2008 they received government approval to convert from CDMA technology to GSM. After the successful conversion, it launched GSM services in April 2009 under the new brand "Vietnamobile". The brand surpassed the one million customer mark within six months of launch, mostly in the prepaid segment.
Vietnam offers some of the highest growth potential in the region.
Hutch Thailand
In 2000, Hutchison Telecom and CAT Telecom Public Company Limited ("CAT Telecom") entered into a joint venture by establishing Hutchison CAT Wireless MultiMedia Ltd. ("Hutchison CAT") to provide exclusive marketing services for CAT Telecom’s CDMA mobile telecommunications in 25 provinces located in the Bangkok Metropolitan AreaBangkok Metropolitan Area
The Bangkok Metropolitan Region , also known as Greater Bangkok, is the urban conglomeration of Bangkok, Thailand, which includes the city and the 5 adjacent provinces of Nakhon Pathom, Pathum Thani, Nonthaburi, Samut Prakan and Samut Sakhon....
and in central, east coast and west coast regions of Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
.
In 2003, Hutchison CAT launched marketing services for CAT Telecom’s CDMA mobile services under the brand Hutch, providing high speed voice and data wireless service to customers.