Hutchison bets on new handset
Article Abstract:
Hutchison Telecommunications (Australia) Ltd. will float on August 17, 1999, with hopes that it will acquire funding for its wireless telephone network. With a $280 million issue, and a $340 million loan, Hutchison seeks to fund its code division multiple access network, which subscribers can use for local and mobile calls. Hutchison, before the float, is 70% owned by Hutchison Whampoa Ltd. and 30% by Australian management. On revenue of $259 million for year to December 31, 1998, Hutchison showed a net profit of $12.2 million.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Adler looks beyond the rubble of HIH
Article Abstract:
Issues are presented concerning the investments which have been made by businessman Rodney Adler. The sale of his holding in HIH Insurance and his hopes for the success of communications company One.Tel are discussed.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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Web command
Article Abstract:
Commander Communications, formerly part of Telstra, may raise funds for its expansion plans through a public offering worth around A$60 million.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2000
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