Hutchison Whampoa Ltd is moving to increase its hold on mobile communications in Hong Kong, paying $46m for Distacom Radio Telephone Co, its partner in several joint ventures: the deal gives it another 29% of Hutchison Mobile Data Ltd, taking it to 100%; 19% of Hutchison Telephone Co, taking it up to 70%; and 19% […]
Hutchison Whampoa Ltd is moving to increase its hold on mobile communications in Hong Kong, paying $46m for Distacom Radio Telephone Co, its partner in several joint ventures: the deal gives it another 29% of Hutchison Mobile Data Ltd, taking it to 100%; 19% of Hutchison Telephone Co, taking it up to 70%; and 19% of Hutchison Paging Holdings, expanding its stake to 50%.
