Hutchison

Retail Asia22/09/2021

Ooredoo and CK Hutchison announced the signing of definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I). The merged company will be named PT Indosat Ooredoo Hutchison Tbk (Indosat Ooredoo Hutchison). The merger of Indosat Ooredoo and H3I will […]

Retail Asia07/05/2018

Hong Kong conglomerate CK Hutchison has entered an agreement with Chinese smartphone maker Xiaomi covering distribution of Xiaomi smartphones. Under the agreement, CK Hutchison will bring Xiaomi smartphones, as well as IoT and lifestyle products, to its vast network of telecom and retail stores. CK Hutchison’s 3 Group and AS Watson brands will be able to […]

Retail Asia04/09/2017

CK Hutchison Holdings has been hit with a 320.32 billion rupee ($5 billion) tax demand in India over the sale of its Indian mobile business to Vodafone a decade earlier. The demand includes a base tax claim of 79 billion rupees, as well as 164.3 billion rupees interest and a 79 billion rupee penalty, CK […]

Retail Asia06/12/2016

Hutchison Global Communications (HGC) has launched its ibizCloud cloud infrastructure-as-a-service offering to Vietnam, in collaboration with the market’s fourth biggest operator CMC Telecom. Under the partnership, HGC is providing the cloud design and international network connectivity, while CMC Telecom is providing local connectivity and branding. The service has been customized to suit the Vietnamese market […]

Retail Asia03/08/2016

Hutchison Telecommunications Hong Kong Holdings (HTHKH) has reported a 26% year-on-year decline in net profit for the first half of the year to HK$376 million ($48.5 million), due to weaker than expected smartphone sales. Total revenue fell 52% to HK$5.42 billion, with mobile revenue down a significant 62% to HK$3.47 billion. Hardware revenue shrank from […]

Retail Asia11/07/2016

Hutchison Global Communications (HGC) has launched a one-stop enterprise-grade cloud backup service to augment its cloud portfolio. The Backup-as-a-Service offering is designed to allow enterprises to back up files, operating systems and applications at he Wong Chuk Hang data center run by HGC GlobalCentre (HGCGC). HGC Cloud Backup supports a wide range of brands, operating […]

Tag: Hutchison

Ooredoo Group and CK Hutchison poised for US$6 billion telecom merger

CK Hutchison enters global alliance with Xiaomi

CK Hutchison hit with $5b tax bill in India

HGC launches ibizCloud in Vietnam

HTHKH 1H profit falls 26%

HGC launches cloud backup service