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Missing from the reporting of Hutch’s pending 3G launch in Hong Kong is their less-than-stellar performance from their existing 3G operations. The company has been preparing the financial community for months about the dramatic shortfall in their subscriber numbers, but figures released today show that ARPU has declined in the UK and Italy, 3’s twin [...]
US DataTAC operator Motient, apparently back on the financial brink, has sold some of its radio spectrum to Nextel for US$2.7M. Motient, who recently lost its biggest remaining customer, UPS, said it has $3.6M in cash and has used more than a third of a $12.5M line of credit that it negotiated after emerging from [...]
Hutchison announced for the third time this year that it will WCDMA service in Hong Kong next month. The company said in May that it would launch in June, and said in July that it would launch in August. Hutchison originally said it would launch UMTS in Hong Kong before the end of 2002. In [...]