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Hutchison Whampoa's mobile activities
Ovum, April 2010, Pages: 21
With telecoms operations in 13 markets across Europe and Asia-Pacific, Hutchison Whampoa is now an experienced telecoms player. Despite this, it continues to act like a new entrant by focusing on growing its customer base through aggressive pricing, which has been at the expense of profitability. This has resulted in years of broken promises as 3 Group - its largest telecoms division - again failed to achieve positive earnings in 2009. It remains adamant that positive earnings will come next year but we are not convinced.
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