Hutchison cuts losses by 39%

Hutchison Whampoa, parent company of mobile operator 3, has announced reduced losses for 2008 driven by a 305% increase in mobile broadband customers.

The operator cut its group losses by 39% to HK$10.85bn (£976m) as its revenues grew by 1% to HK$7.79bn (£700m).

3 now counts over 2.5m mobile broadband customers globally which it has achieved via aggressive marketing and its unique 100% 3G network which offers robust connectivity.

As part of its results 3 mentioned encouraging sales of its INQ 3 Skype phone which has helped push the number of its subscribers up 17% to 20.7m globally.

This story first appeared on newmediaage.co.uk

Recommended

Why virals can give brands more bang

Marketing Week

For the past thousand years, Radio 4’s Today programme has relied upon the best marketing there is. A single sentence that assumed the quality of a universal truth. The Today programme sets the day’s news agenda. Does the news programme need any further marketing? One would think not. But the Today programme team has created […]

Comments

    Leave a comment