Hutchison Telecom completes sale of controlling stake in Partner Communications
28 Ottobre 2009 - 5:16PM
PR Newswire (US)
HONG KONG, Oct. 28 /PRNewswire-Asia-FirstCall/ -- Hutchison
Telecommunications International Limited ("Hutchison Telecom", the
"Company", SEHK: 2332, NYSE: HTX) announced that its subsidiary,
Advent Investments Pte Ltd, had completed the sale of its
controlling stake in Partner Communications Company Ltd. to Scailex
Corporation Ltd. today on 28 October 2009. The sale proceeds will
be retained for general corporate purposes pending the completion
of a review of the Company's capital requirements by the Board. For
enquiries, please contact: Ada Yeung Corporate Communications
Hutchison Telecom Work: +852-2128-3106 Mobile: +852-6347-0619
Email: Nicky Lee Investor Relations Hutchison Telecom Work:
+852-2128-3163 Email: About Hutchison Telecommunications
International Limited Hutchison Telecommunications International
Limited ('Hutchison Telecom' or 'the Group') is a leading provider
of telecommunications services. The Group currently offers mobile
telecommunications services in Indonesia, Vietnam, Sri Lanka and
Thailand, operating brands "Hutch", "3" and "Vietnamobile".
Hutchison Telecom is a listed company with American Depositary
Shares quoted on the New York Stock Exchange under the ticker HTX
and shares listed on the Stock Exchange of Hong Kong under the
stock code 2332. A member of the Hong Kong-based Hutchison Whampoa
Group, Hutchison Telecom is committed to providing superior
telecommunications services in dynamic markets. For more
information about Hutchison Telecom, see http://www.htil.com/ .
Cautionary Statements This press release contains forward-looking
statements. Statements that are not historical facts, including
statements about the beliefs and expectations of Hutchison
Telecommunications International Limited ('the Company'), are
forward-looking statements. These statements are based on current
plans, estimates and projections, and therefore you should not
place undue reliance on them. Forward-looking statements speak only
as of the date they are made, and the Company undertakes no
obligation to update publicly any of them in light of new
information or future events. Forward-looking statements involve
inherent risks, uncertainties and assumptions. The Company cautions
you that if these risks or uncertainties ever materialise or the
assumptions prove incorrect, or if a number of important factors
occur or do not occur, the Company's actual results may differ
materially from those expressed or implied in any forward-looking
statement. Additional information as to factors that may cause
actual results to differ materially from the Company's
forward-looking statements can be found in the Company's filings
with the United States Securities and Exchange Commission.
DATASOURCE: Hutchison Telecommunications International Limited
CONTACT: Ada Yeung, Corporate Communications, Hutchison Telecom,
+852-2128-3106, or mobile +852-6347-0619, or ; or Nicky Lee,
Investor Relations, Hutchison Telecom, +852-2128-3163, or Web site:
http://www.htil.com/
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