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Hutchison Telecommunications International Limited
HTX.NISIN: US44841T1079SEDOL: B0357J9 |
Rating: HOLD |
Target Price: 3.45 USD |
Investment Horizon: 6 to 24 months |
Company News Alert
Hutchison Whampoa Limited (HWL) and Hutchison Telecommunications International Limited (HTIL) plans to de-list its shares from the Hong Kong Stock Exchange on 25 May 2010 and from the NYSE on 04 June 2010, pending approval from the local court and shareholders. On 07 January 2010 HWL and HTIL jointly announced the latter's offer to take the former company private for HK$4.23 bn (US$545 mn). In light of the proposed buy-out and plans to de-list from the Hong Kong Stock…
FY 2009 News Alert
Hutchison Telecommunications International Limited (HTIL) reported steady growth in FY 2009 revenues but a decline EBITDA margin on account of declining ARPU levels. However net income increased on account of the sale of its stake in Israel's Partner Communication Ltd. In addition, since the company spun-off its subsidiary Hutchison Telecommunications Hong Holding Limited (HTHKH) on 07 May 2009 and excluding Israeli operations, which are reported as as…
Company News Alert
On 07 January 2009, Hutchison Whampoa Limited (HWL) and Hutchison Telecommunications International Limited (HTIL) jointly announced the latter's offer to take the former company private for HK$4.23 bn (US$545 mn). The minority shares will be cancelled in exchange for HKD2.20 cash per share, which represents a premium of 33.3% over the closing price prior to suspension of trading in HTIL's shares. As a result of this privatization, according to the joint statement…
Company News Alert
On 04 January 2009, trading in Hutchison Telecommunications International Limited's (HTIL) common stock was suspended on the HKSE and NYSE, following the company's request pursuant to expectation of the imminent release of a material announcement under the Hong Kong takeover codes. Going forward, as we continue to anticipate dampening of ARPU growth and declining Sri- Lankan subscriber-base we maintain our HOLD rating for the common stock....
Company News Alert
Hutchison Telecommunications International Limited (HTIL) reported its 3Q 09 Key Performance Indicators (KPIs) on 10 November 2009. Indonesian and newly launched Vietnamese operations subscriber-base reported robust growth, while Sri-Lankan subscriber-base declined. Moreover, blended Average Revenue Per User (ARPU) from Sri-Lankan and Vietnamese operations declined, while Indonesian ARPU showed a marginal increase....
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