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February 2004
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Archives

Archive for February, 2004

Hutchison Australia Losses Mount

Hutchison Telecom said it lost nearly A$410M for the year, more than double 2002’s net loss of $197M. The company said its newly launched UMTS network posted a loss of $306M due to the heavy investment in network rollout. The CEO said that the 3G network now has 100K subscribers and its GSM network has [...]

Aether Continues Poor Results

Aether Systems reported that it lost US$49.4M on revenue of $55.5M for 2003. While the company dramatically cut its operating costs and thus its losses, revenue declined over 6% while accounts receivable rose.

Some Tidbits From the Cingular-AT&T Wireless Deal

The price of US$15 per share is a discount from ATTWS’ IPO price of $17 in 2001.
According to a filing with securities regulators either party may terminate the deal if it isn’t complete by 31 December 2004, although the parties may agree to extend that date to 30 June 2005.
AT&T Wireless would owe Cingular’s parent [...]

Some Tidbits From the Cingular-AT&T Wireless Deal

The price of US$15 per share is a discount from ATTWS’ IPO price of $17 in 2001.
According to a filing with securities regulators either party may terminate the deal if it isn’t complete by 31 December 2004, although the parties may agree to extend that date to 30 June 2005.
AT&T Wireless would owe Cingular’s parent [...]

Some Tidbits From the Cingular-AT&T Wireless Deal

The price of US$15 per share is a discount from ATTWS’ IPO price of $17 in 2001.
According to a filing with securities regulators either party may terminate the deal if it isn’t complete by 31 December 2004, although the parties may agree to extend that date to 30 June 2005.
AT&T Wireless would owe Cingular’s parent [...]