HONG KONG, Oct. 28, 2009 (PR Newswire Europe) --
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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: adayeung@htil.com.hk
Nicky Lee
Investor Relations
Hutchison Telecom
Work: +852-2128-3163
Email: nickylee@htil.com.hk
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.
Hutchison Telecommunications International Limited