HONG KONG, May 8 /PRNewswire-Asia-FirstCall/ -- Hutchison
Telecommunications International Limited ('Hutchison Telecom'; SEHK:2332;
NYSE: HTX) today announced the successful spin-off and listing of the
Company's Hong Kong and Macau operations on the Main Board of The Stock
Exchange of Hong Kong Limited ('Stock Exchange'). The listing was by way of
introduction of the shares of Hutchison Telecommunications Hong Kong Holdings
Limited ('HTHKH') on the Stock Exchange which began trading on 8 May 2009
(SEHK: 215, Level 1 Unlisted ADS Ticker: HTHKY ).
As part of the spin-off, Peter Wong, the CEO and Executive Director of
HTHKH, resigned today from the Board of Hutchison Telecom.
After the spin-off, Hutchison Telecom remains a leading telecom company
focussed on growth in the dynamic markets of its Indonesia, Vietnam, Sri
Lanka, Thailand and Israel operations.
About Hutchison Telecommunications International Limited
Hutchison Telecommunications International Limited ('Hutchison Telecom' or
'the Group') is a leading global provider of telecommunications services. The
Group currently offers mobile and fixed-line telecommunication services in
Israel, and operates mobile telecommunications services in Indonesia, Vietnam,
Sri Lanka and Thailand. It was the first provider of 3G mobile services in
Israel and operates brands including 'Hutch', '3' and 'Orange'.
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 subsidiary of
the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is dedicated 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.
For enquiries, please contact:
Mickey Shiu
Corporate Communications / Investor Relations
Hutchison Telecom
Work: +852-2128-3107
Mobile: +852-9092-8233
Email: mickeyshiu@htil.com.hk
SOURCE Hutchison Telecommunications International Limited
