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Hutchison Telecommunications
(SEHK: 2332)
Hong Kong
This global provider of telecom services controlled by Hong Kong billionaire Li Ka-Shing has struggled with losses in recent years. But it's counting on growth in mobile telephone services in such markets as India, Thailand, Israel, and Vietnam to power future revenue and profit growth. Hutchison's global base of mobile-phone users rocketed up 62%, to 21.1 million subscribers, as of the end of March vs. the year-ago period. India is a particularly fertile prospect for the company. In January, Hutchison bought India's BPL Mobile Cellular.
Company Info |
|
| 2005 Rank | Not Ranked |
| Sales* ($ Millions) | 3,137.5 |
| Sales Growth (over prev. year) |
64 % |
| Profits* ($ Millions) | -53.6 |
| Return on Equity | -2.6 % |
| Total Return on Sales (12-mo.) | 72.1 |
| Share Price As of 5/31/06 | 1.63 |
| CURRENT MARKET INFO | SEHK: 2332 |
| No. of Employees | |
| Industry | Telecommunications |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Hutchison Telecommunications, together with its subsidiaries, provides mobile telecommunications services. It operates mobile telecommunications networks in Hong Kong, Macau, India, Israel, Thailand, Sri Lanka, Ghana, Vietnam, and Indonesia. The company also provides fixed-line communication services in Hong Kong, as well as offers 3G mobile services in Hong Kong and Israel. Hutchison's service portfolio comprises voice services, broadband data and multimedia services, mobile and fixed-line Internet and intranet services, IDD and international roaming services, bandwidth services, and data centre services. The company was founded in 1985 and is headquartered in Hong Kong. Hutchison Telecommunications is a member of Hutchison Whampoa Group.
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