Hutchison Essar Receives Letter of Intent to Operate in Six New Licence Areas
HONG KONG, Nov. 20 /Xinhua-PRNewswire-FirstCall/ -- Hutchison
Telecommunications International Limited (SEHK: 2332; NYSE: HTX) today
announced that its Indian subsidiary Hutchison Essar Limited has received
Letters of Intent from Department of Telecommunications ('DOT') for licences
in the six licence areas of North East, Himachal Pradesh, Bihar, Orissa,
Assam, and Jammu and Kashmir.
A Letter of Intent from the DOT is its offer to issue a licence upon the
applicant's acceptance and payment of the relevant fees.
Hutchison Essar expects to launch in these licence areas during 2007.
About Hutchison Telecommunications International Limited
Hutchison Telecommunications International Limited ('Hutchison Telecom'
or 'the Group') is a leading global provider of telecommunication services.
The Group currently offers mobile and fixed-line telecommunication services
in Hong Kong, and operates or is rolling out mobile telecommunication
services in Macau, India, Israel, Thailand, Sri Lanka, Ghana, Indonesia and
Vietnam. It was the first provider of 3G mobile services in Hong Kong and
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 member of
the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is dedicated
to providing superior telecommunication services in dynamic markets. For
more information about Hutchison Telecom, see www.htil.com .
About Hutchison Essar Limited
Hutchison Essar Limited, under the brand name Hutch, operates in 16
licence areas in India and has about 20.4 million subscribers as of 30
September 2006. Over the years, it has been named the 'Best Mobile Service
in the country' and the 'Most Creative and Most Effective Advertiser of the
Year'. This year Business World magazine recognised Hutchison Essar as
the "Most Respected Telecom Company of the Year".
Cautionary Statements
This press release contains forward-looking statements. Statements that
are not historical facts, including statements about Hutchison
Telecommunications International Limited's ('the Company') beliefs and
expectations, 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
Hutchison Telecom
Work: +852-2128-3107
Mobile: +852-9092-8233
Email: mickeyshiu@htil.com.hk