Hints and tips:
...CK Hutchison did not immediately reply to a request for comment while Telenor declined to comment....
...The Financial Times reported last month that CK Hutchison, the Hong Kong-listed conglomerate, was in talks with the Norwegian group about merging their businesses in Denmark and Sweden....
...In Indonesia, Ooredoo and CK Hutchison in September agreed a $6bn merger....
...Hutchison Whampoa will immediately test the Brussels competition watchdog’s hardening stance on telecoms consolidation with the submission of its £10bn acquisition of O2 in the UK for approval....
...The companies most exposed to the hardening line in Brussels include Telefónica, CK Hutchison and VimpelCom, although sentiment across the industry is also being affected....
...It is planning to merge its Italian operations (a third of profits) with those of Hutchison....
...This would have led to dominance by just two large companies, potentially leading to co-ordination in a duopoly with TDC and undermining the third, Hutchison Whampoa’s Three....
...TeliaSonera and Telenor would reduce the number of mobile operators in the country from four to three, and is being watched closely as a possible precursor for two far larger four-to-three consolidation deals: Hutchison...
Margrethe Vestager shows little patience for flaky anti-competitive arguments
...Competition lawyers also expect Hutchison Whampoa’s £10bn purchase of UK mobile group O2 from Spain’s Telefónica to receive an in-depth investigation from Brussels....
...Hutchison has the balance. Clearly the EU will require some asset sales, probably to Hutchison. There is evidence that higher tariffs follow consolidation....
...Other mobile operators that will support Firefox OS include América Móvil, Deutsche Telekom, Etisalat, Hutchison Three, KDDI, KT, MegaFon, Qtel, SingTel, Smart, Sprint, Telecom Italia, Telenor, Telstra,...
...Later this month, Vodafone heads to India’s Supreme Court to contest a $2.5bn tax bill related to the group’s $11bn acquisition of a stake in Hutchison Essar in 2007, which could have implications for further...
...The ASA began its investigation late last year after a complaint from 3, the network owned by Hutchison Whampoa....
...He said the telecoms operator could also be interested in acquiring some of the network assets of rival 3, the Austrian unit of Hong Kong’s Hutchison Whampoa....
...The ASA is expected to rule on the case in the new year. Whatever the outcome, consumer groups say 3G networks remain an urban phenomenon. Great swathes of the countryside have no 3G infrastructure....
...Vodafone’s partnership with Essar began last year when it bought a controlling 67 per cent stake in Hutchison Essar, the country’s number three mobile operator, from Hong Kong conglomerate Hutchison for...
...Vodafone agreed last year to pay $10.9bn for a controlling stake in Hutchison Essar, then India’s fourth largest wireless phone business....
...This deal brings Telenor into direct competition with Vodafone, which last year paid $11bn for 67 per cent of the country’s third-largest operator, Hutchison Essar (now called Vodafone Essar)....
...“But for years,” Mr Coulsen notes, “huge firms like Swiss consumer giant Nestlé and Hong Kong industrial conglomerate Hutchison Whampoa have found the OTC an adequate platform for US trading of its shares...
...While Vodafone is pursuing Hutchison Essar in India and Telefónica is making more than half its operating profits outside Spain (largely in Latin America), the US heavyweights are still selling assets accumulated...
...With the commission now appointed, and ready to start work early next year, Telenor is hoping for the quick adoption of an interconnection regime that will be fair to all players, including TA Orange and Hutchison...
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