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Hutchison Asia Telecom

From Wikipedia, the free encyclopedia
Hong Kong telecommunications company
"Hutchison Telecom" redirects here. For a sister company, seeHutchison Telecommunications Hong Kong Holdings.
For other Hutchison related topic in telecommunications, see3 (telecommunications).
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Hutchison Asia Telecom Group
FormerlyHutchison Telecommunications International
Company typeDivision
HeadquartersHong Kong
Area served
Indonesia
Sri Lanka
Vietnam
ProductsMobile andfixed line telecommunications
ParentCK Hutchison Holdings
Chinese name
Traditional Chinese和記亞洲電訊集團
Simplified Chinese和记亚洲电讯集团
Jyutpingwo4 gei3 ngaa3 zau1 din6 seon3 zaap6 tyun4
CantoneseYalewòh gei nga jāu dihn seun jaahp tyùhn
Hanyu PinyinHéjì yàzhōu diànxùn jítuán
Transcriptions
Standard Mandarin
Hanyu PinyinHéjì yàzhōu diànxùn jítuán
Yue: Cantonese
Yale Romanizationwòh gei nga jāu dihn seun jaahp tyùhn
Jyutpingwo4 gei3 ngaa3 zau1 din6 seon3 zaap6 tyun4
short name
Traditional Chinese和電亞洲
Transcriptions
Hutchison Telecommunications International Limited
Traditional Chinese和記電訊國際有限公司
Transcriptions
former short name
Traditional Chinese和電國際
Transcriptions
Websitewww.ckh.com.hk/en/businesses/hat.php

Hutchison Asia Telecom Group orHAT, is a division of Hong Kong-basedmultinational conglomerateCK Hutchison Holdings.[1] The division provides telecommunications services to several Asian countries. The division was formerly incorporated asHutchison Telecommunications International Limited, known asHutchison Telecom orHTIL in short. Itwas[clarification needed] an offshore company in theCayman Islands and a listed company in theStock Exchange of Hong Kong. It operatesGSM,3G and4G mobile telecommunications services in Indonesia, Sri Lanka and Vietnam under brands3,Hutch andVietnamobile.

Hutchison Telecommunications International was formerly a listed company with a primary listing on the Stock Exchange of Hong Kong (former stock code: 2332) andAmerican depositary shares quoted on theNew York Stock Exchange. In May 2010, Hutchison Telecom became a fully owned subsidiary ofHutchison Whampoa and its shares were delisted.[2][3] In 2009, Hutchison Telecom also spun off part of their assets as a separate listed companyHutchison Telecommunications Hong Kong Holdings, which including 3 Hong Kong andHutchison Global Communications.

History

[edit]

In 1999 and 2000, Hutchison Telecom sold itsOrange andVoiceStream interests and re-invested the greater part of the proceeds to develop its global third-generation (3G) mobile broadband telecommunications business, based on the EuropeanUMTS (W-CDMA) 3G standard.[citation needed]

In early 2007, Hutchison Telecom made headlines by selling its 67% interest in the Indian mobile phone networkHutch Essar toVodafone forUS$13.1 billion (of which $2 billion was debt).[citation needed]

In December 2007, minority shareholder of Hutchison Telecommunications International (HTIL),Orascom Telecom, sold the 14.2% stake of HTIL, to HTIL's parent companyHutchison Whampoa, for HK$7.5 billion (approx. US$962 million).[4] Orascom also reduced the stake from 19.3% to 16.3%, through a private placement of shares to the market in October 2007.[5]

In 2009, Hutchison sold its controlling stake inOrange Israel toScailex Corporation. Thus it ended using the Orange brand for providing mobile services.[citation needed]

In 2009, itspun offHutchison Telecommunications Hong Kong Holdings (stock code: 215) to be listed on the Stock Exchange of Hong Kong.[6]

In 2010, the company was privatized.

Current operations

[edit]

Indosat Ooredoo Hutchison

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Main article:Indosat

In July 2005, Hutchison Telecom acquired a 60% equity stake in PT Hutchison 3 Indonesia ("H3I", formerly known as PT Hutchison CP Telecommunications ("Hutchison CP Telecom" or "HCPT"), PT Cyber Access Communication and PT Telindo Inti Nusa) from the Charoen Pokphand Group Indonesia. In 2006, H3I announced that it retainedSiemens to design, build and operate state-of-the-art 2G and 3G nationwide wireless networks. H3I launched its commercial services on 29 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, H3I's customer base grew to approximately 7.3 million.

In September 2021, it was announced that the latter company would be merged withOoredoo'sIndosat (who operates IM3 Ooredoo networks) to form Indosat Ooredoo Hutchison (IOH) and was closed the merger on 4 January 2022.

Hutch Sri Lanka

[edit]
Main article:Hutch (Sri Lanka)

The company'sSri Lankan operation, commonly known asHutch.CK Hutchison Holdings Limited owns 85% controlling stake of the company while the rest is held byEmirates Telecommunication Group Company PJSC. Initially it was called as "CallLink" and was the second mobile operator in Sri Lanka. Hutchison acquired its services in 1998 with the aim of being a nationwide operator inSri Lanka. As of September 2018[update], Hutch has a network coverage of approximately 90% of the entire island. Hutchannounced that they acquiredEtisalat on 30 November 2018.

Hutch Sri Lanka operates aGSM/EDGE supported network using 900 / 1800 MHz. In 2012 the company launchedHSPA+ services using 2100 MHz.[7] The company launched4G via 1800 MHz B3 from 2018[8] and 900 MHz B8 from 2019.

Vietnamobile

[edit]
Main article: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, 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.

Vietnamobile offers some of the highest growth potential in the region.

Former operations

[edit]

Hutchison India

[edit]

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 31 March 2007Hutchison Essar Limited (in Hutch Essar) sold its 67.1% stake toVodafone.

Hutchison Orange Israel

[edit]

Even after selling theOrange plc toMannesmann AG in February 1999,[9][non-primary source needed] Hutchison continued to use Orange brand inIsrael.[citation needed] Recently[when?] they have sold the controlling stake in this venture toScailex Corporation. Thus it ends the story of Orange brand associated with Hutchison Telecom. Though Scailex Corp are still using this[clarification needed] brand for their Operations.

Hutch Thailand

[edit]

In 2000, Hutchison Telecom andCAT 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'sCDMA mobile telecommunications in 25 provinces located in theBangkok Metropolitan Area and in central, east coast and west coast regions ofThailand.

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.

In 2013 Hutch Thailand has ended its CDMA services.[citation needed]

References

[edit]
  1. ^hermes (11 September 2019)."Hutchison weighs Indonesian telecom deal with Axiata".The Straits Times. Retrieved11 February 2020.
  2. ^"Thank you for visiting out site". Hong Kong: Hutchison Telecommunications International. 2010 [circa]. Archived fromthe original on 5 February 2011.
  3. ^"Hutchison Telecom step closer to going private".South China Morning Post. Hong Kong. 24 April 2010. Retrieved6 December 2018.
  4. ^Lau, Justine; Mitchell, Tom (6 December 2007). Written at Hong Kong."Orascom Telecom cuts ties with HTIL".Financial Times. London. Retrieved6 December 2018.
  5. ^"Orascom slashes stake in Hutchison Telecom".South China Morning Post. Hong Kong. 26 October 2007 [updated 3 July 2018]. Retrieved6 December 2018.
  6. ^"Hutchison Telecom shares surge on confirmation of spin-off talks".South China Morning Post. Hong Kong. 3 March 2009. Retrieved6 December 2018.
  7. ^"Hutch launches 3G services; promises 1000 BTS by July :::DailyFT - be Empowered".ft.lk. Archived fromthe original on 24 September 2015. Retrieved11 August 2014.
  8. ^"Hutch 4G network rollout has begun in western province".Hutch (Sri Lanka). Archived fromthe original on 24 March 2019. Retrieved22 October 2019.
  9. ^"Milestones 1999". Hong Kong: Hutchison Whampoa. n.d. Retrieved6 December 2018.

External links

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