Annual results from Hutchison Whampoa have revealed that customer numbers at Three UK have exceeded 9 million.
That’s an 11% increase - 900,000 new customers - since the end of 2011.
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BT is fifth 4G UK winner
Telecoms regulator Ofcom has announced the winners of the UK’s 4G mobile spectrum auction, which has finally been completed after more than 50 rounds of bidding. It means that faster mobile broadband services will soon be offered to more people by more companies.
The UK’s major mobile networks - Everything Everywhere Ltd (EE), Hutchison 3G UK Ltd (Three UK), Telefónica UK Ltd (O2) and Vodafone Ltd - have all won radio spectrum.
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Multinational conglomerate Hutchison Whampoa has published results for the first half of 2012.
Net profit was down 78% to 10.21 billion Hong Kong dollars, although last year’s figure had been boosted by the company selling some of its port assets. Revenue for the six months rose 6% to HK$194.99 billion.
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Hutchison Whampoa, the company behind the Three UK mobile network (and many other businesses), has published its annual results.
The 3 Group of mobile networks worldwide reported total revenue of HK$74,288 million, up 16%, and a 7% increase in 3G customers to 31.6 million worldwide.
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Orange Austria is to be sold to Hutchison 3G Austria, subject to regulatory approval.
France Telecom-Orange currently owns 35% of the business, while Mid Europa Partners controls 65%. Both parties have agreed to sell their combined stakes to Hutchison.
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