Abstracts » Business, general

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.

Australia, Radiotelephone communications, Cellular and Other Wireless Telecommunications, Wired Telecommunications Carriers, Mobile Radio Services, Telephone communications, exc. radio, Misc Telephone Svcs, Statistical Data Included, Telephone services, Wireless communications services, Hutchison Telecommunications (Australia) Ltd.

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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.

Investments, Businessmen, HIH Insurance Ltd., Adler, Rodney, One.Tel

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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.

Commander Communications

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