Hutchison Asia Telecom

Overview

Hutchison Asia Telecommunications Limited

type	Division
trade name	Hutchison Asia Telecommunications Limited (since 11 October 2010; lowercase)
former name	* Glory Chance International Limited (21 January 2004–11 February 2004; capital letter * Hutchison Global Communications Holdings Limited (11 February 2004–14 April 2004; capital letter) * Hutchison Telecommunications International (HK) Limited (14 April 2004–9 June 2010; capital letter) * Hutchison Telecommunications International (HK) Limited (9 June 2010–11 October 2010; lowercase)
foundation	January 21, 2004
location	Hong Kong
key people	Canning Fok (Chairman)
area served	* Indonesia * Sri Lanka * Vietnam
industry	Telecommunications
products	Mobile telephony · fixed telephony
parent	CK Hutchison Holdings
homepage	http://www.ckh.com.hk/en/businesses/hat.php

Hutchison Asia Telecommunications Limited, (doing business as Hutchison Asia Telecom Group, often referred to as HAT), is a division of Hong Kong-based multinational conglomerate to CK Hutchison Holdings.[1] The division provides telecommunications services to several Asian countries. The division was formerly incorporated as Hutchison Telecommunications International (HK) Limited, known as Hutchison Telecom or HTI in short. It an offshore company in the Cayman Islands and a listed company in the Stock Exchange of Hong Kong. It operates GSM, 3G and 4G mobile telecommunications services in Indonesia, Sri Lanka and Vietnam under brands 3, Hutch and Vietnamobile.

Hutchison Telecommunications International was formerly a listed company with a primary listing on the Stock Exchange of Hong Kong (former stock code: 2332) and American depositary shares quoted on the New York Stock Exchange. In May 2010, Hutchison Telecom became a fully owned subsidiary of

Current operations

Indosat Ooredoo Hutchison

In July 2005, Hutchison Telecom acquired a 60% equity stake in PT Hutchison 3 Indonesia ("H3I", formerly known as PT Hutchison CP Telecommunications ("Hutchison CP Telecom" or "HCPT"), PT Cyber Access Communication and PT Telindo Inti Nusa) from the Charoen Pokphand Group Indonesia. In 2006, H3I announced that it retained Siemens to design, build and operate state-of-the-art 2G and 3G nationwide wireless networks. H3I launched its commercial services on 29 March 2007 under the 3 brand.

Indonesia is an extremely attractive wireless market with a sizable population and a relatively low mobile penetration rate. It is an excellent example of Hutchison Telecom's vision and strategy in achieving growth in emerging markets.

At the end of September 2009, H3I's customer base grew to approximately 7.3 million.

In September 2021, it was announced that the latter company would be merged with Ooredoo's Indosat (who operates IM3 Ooredoo networks) to form Indosat Ooredoo Hutchison (IOH) and was closed the merger on 4 January 2022.

Hutch Sri Lanka

The company's Sri Lankan operation, commonly known as Hutch. CK Hutchison Holdings Limited owns 85% controlling stake of the company while the rest is held by Emirates Telecommunication Group Company PJSC. Initially it was called as "CallLink" and was the second mobile operator in Sri Lanka. Hutchison acquired its services in 1998 with the aim of being a nationwide operator in Sri Lanka. As of, Hutch has a network coverage of approximately 90% of the entire island. Hutch announced that they acquired Etisalat on 30 November 2018.

Hutch Sri Lanka operates a GSM/EDGE supported network using 900 / 1800 MHz. In 2012 the company launched HSPA+ services using 2100 MHz.[7] The company launched 4G via 1800 MHz B3 from 2018[8] and 900 MHz B8 from 2019.

Vietnamobile

In July 2004, Hutchison Telecommunications (Vietnam) S.à r.l. ("Hutchison Telecom Vietnam"), a wholly owned subsidiary of Hutchison Telecom, entered into a business cooperation contract with Hanoi Telecom Joint Stock Company. In February 2005, Hutchison Telecom was granted an investment licence by the government for the project and in January 2007, launched CDMA service under the brand HT Mobile.

While they offered a superior network, the market uptake was greatly hampered by the lack of affordable CDMA handsets, in particular, those with the Vietnamese language option, coupled with the trend of leading manufacturers to scale back handset development for this market.

On 8 March 2008 they received government approval to convert from CDMA technology to GSM. After the successful conversion, it launched GSM services in April 2009 under the new brand "Vietnamobile". The brand surpassed the one million customer mark within six months of launch, mostly in the prepaid segment.

Vietnamobile offers some of the highest growth potential in the region.

Hutchison Asia Telecom

History

Current operations

Indosat Ooredoo Hutchison

Hutch Sri Lanka

Vietnamobile

Former operations

Hutchison India

Hutchison Orange Israel

Hutch Thailand

External links

References