Hutchison's 2G network turns corner.

Australasian Business Intelligence,  August, 2002  

Tags: 2G network, Hutchison, network

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Aug 12, 2002 (The Sydney Morning Herald

ABIX via COMTEX) -- Hutchison Telecommunications Australia has managed to turn its second generation (2G) mobile business around. On 12 August 2002, the nation's fourth-biggest mobile telephone company unveiled a $A73m loss for the six months to 30 June 2002, an improvement on the $A91m loss recorded in the previous corresponding period. The result came on the back of cost cuts made on its Orange 2G mobile business. However, revenue almost halved to $A114m after the group sold its mobile resale business back to Singtel Optus in October 2001. ...

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