Hutchison Telecom Reports Q3

Strong growth momentum drives customer base growth to 9.1M

November 15, 2007

2 Min Read

HONG KONG -- Hutchison Telecommunications International Limited (HKEx: 2332; NYSE: HTX; "Hutchison Telecom" or "the Group") today announced its unaudited key performance indicators for the quarter ended 30 September 2007 with all major operations reporting solid progress.

The Group's total customer base rose 32.7% during the quarter to 9.1 million. The increase reflects not only the first time contribution from Indonesia and Vietnam which reported a customer base of over 1.6 million and 185,000 respectively, but also a continued growth trend in Hong Kong and Israel where the company's differentiated 3G offerings have continuously attracted a premium base of postpaid customers. The 3G customer base in Hong Kong climbed 9% to about 958,000 at the end of the quarter, taking the estimated 3G market share to over 50%. Sri Lanka and Thailand also delivered a strong quarterly growth reporting a 22% and 11% increase respectively.

Profit attributable to equity holders for the quarter was HK$146 million. For the nine month period ended 30 September 2007 profit attributable to equity holders was HK$70,234 million including the one time gain on disposal. Profit attributable to equity holders from continuing operations was HK$203 million, compared to a loss of HK$891 million in the nine months ended 30 September 2006.

Dennis Lui, Chief Executive Officer of Hutchison Telecom, said: "We are delighted to present a set of encouraging operational parameters which reflect the Group's strength to deliver growth in markets with challenging dynamics. Indonesia continued the progress it made in the early stages of operation ending the quarter with 1.6 million customers. Hong Kong and Israel continued to show the benefits of 3G market leadership, providing a solid foundation for exciting growth in data services demand and usage."

Hutchison Telecommunications (Hong Kong) Ltd.

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