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Hutchison Telecommunications International
Hutchison Asia Telecom Group or HAT, is a division of Hong Kong-based Multinational corporation, multinational conglomerate CK Hutchison Holdings. The division provides telecommunications services to several Asian countries. The division was formerly incorporated as Hutchison Telecommunications International Limited, known as Hutchison Telecom or HTIL in short. It an offshore company in the Cayman Islands and a listed company in the Stock Exchange of Hong Kong. It operates GSM, 3G and 4G mobile telecommunications services in Indonesia, Sri Lanka and Vietnam under brands 3 (company)#Indonesia, 3, Hutch (Sri Lanka), Hutch and Vietnamobile. Hutchison Telecommunications International was formerly a listed company with a primary listing on the Stock Exchange of Hong Kong (former stock code: 2332) and American depositary shares quoted on the New York Stock Exchange. In May 2010, Hutchison Telecom became a fully owned subsidiary of the Hong Kong-based Hutchison Whampoa Group and it ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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Hutchison Telecommunications Hong Kong Holdings
Hutchison Telecommunications Hong Kong Holdings Limited () is a telecommunications operator in Hong Kong. It operates GSM dual-band, 3G, 4G LTE mobile services in Hong Kong and Macau under the licensed global Three brand. It launched a 5G service in Hong Kong on 1 April 2020 and is flourishing into a digital operator in the new 5G era. It was listed on the Stock Exchange of Hong Kong on 8 May 2009 by way of introduction from the spin-off of Hutchison Telecommunications International. It is now a subsidiary of CK Hutchison Holdings CK Hutchison Holdings Limited is a Hong Kong-based and Cayman Islands-registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Wh .... In October 2017, Hutchison Telecommunications Hong Kong Holdings Limited disposed of its fixed-line subsidiary Hutchison Global Communications (HGC) to Asia Cube Global Communications Limited for ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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Scailex Corporation
Suny Cellular Communication was known as Scitex Corporation Ltd. until December 2005 and Scailex Corporation Ltd. () until November 2016. History Scitex was an Israel-based multi-national company, founded by Efraim (Efi) Arazi in 1968, and which at one stage was considered the flagship of Israeli industry. The company specialized in products, systems and equipment for the graphics design, printing and publishing markets. In 1985 it formed a joint venture company with the Continental Can Company called Contex Graphics Systems, a pioneer in two- and three-dimensional design systems based on Silicon Graphics workstations. By the late 1990s Scitex had three principal business units: its core Scitex Graphic Arts Group, which was acquired by Creo Products Inc. in April 2000;The Company's Annual Report (Form 20-F) to the Securities & Exchange Commission for year ended December 31, 2000, dated 28 June 2001, pages 7-12. Scitex Digital Printing, based in Dayton, Ohio, sold to Eastman ...
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Orange Israel
Partner Communications Company Ltd. ( he, חברת פרטנר תקשורת בע"מ) doing business as Partner ( he, פרטנר), formerly known as Orange Israel ( he, אורנג' ישראל), is a mobile network operator, internet Wi-Fi, fixed telephony service and OTT/IPTV provider in Israel. It was formerly operating under the Orange brand name until 16 February 2016. The company’s shares are traded on NASDAQ and the Tel Aviv Stock Exchange, where it is a constituent of the TA-25 Index; since August 2009, Scailex Corporation (owned by businessman Ilan Ben Dov) controls 51% of its shares., and in 2012 this stock of shares was sold to SB Telecom (owned by business man Haim Saban). Operations Partner Communications commenced full commercial operations in January 1999 and by 31 March 2001 had over 1 million subscribers, representing an estimated 21% of the cellular market in Israel at that time. As of June 2016 it has 2.7 million subscribers. The prefix (area code) for Partner ...
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Billion (short Scale)
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000. ...
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Orascom Telecom
Global Telecom Holding S.A.E. (GTH; formerly Orascom Telecom Holding) is a holding company based in Amsterdam, and a subsidiary of the multinational telecommunications services company VEON. GTH previously owned mobile network operators in multiple countries. Its sole business unit is the Algerian mobile provider Djezzy. Operations Global Telecom Holding (GTH) is operating in Algeria (Djezzy) serving more than 15 million customers after it has sold its mobile operations in Pakistan and Bangladesh in 2019. Global Telecom has delisted from the EGX Egyptian Exchange and is based in Amsterdam, Netherlands. History In 1997, Orascom Telecom Holding (OTH) was established as a separate entity to consolidate the telecommunications and technology interests of the Orascom group of companies established in 1976. Founded in 1998 as part of the Orascom company, it became the largest cellular operator in the Middle East in only five years. In 2010, Russian Vimpelcom acquired Orascom Telec ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Vodafone
Vodafone Group Public limited company, plc () is a British Multinational corporation, multinational Telephone company, telecommunications company. Its registered office and Headquarters, global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economics), services in Asia, Africa, Europe, and Oceania. , Vodafone owns and operates networks in 22 countries, with partner networks in 48 further countries. Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on Nasdaq. Name The name Vodafone comes from ''VO''ice ''DA''ta ''FONE'' (the latter a sensational spelling of "telephone, phone"), chosen by the company to "reflect the provision of voice and data services over mobile phones". History The evolution of Vodafone started in 1981 with the es ...
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Hutch Essar
Vodafone India (formerly Vodafone Essar Ltd, Huchison Essar Ltd) was the Indian subsidiary of UK-based Vodafone, Vodafone Group plc and was a provider of telecommunications services in India with its operational head office in Mumbai. As of March 2018, Vodafone India had a market share of 21% and with its merger with Idea Cellular, Idea, the collective Vodafone Idea network has approximately 375 million subscribers and is the List of mobile network operators of India, Third largest mobile telecommunications network in India. History Hutchison Max Telecom Ltd. (HMTL), a joint venture between Hutchison Whampoa and the Max Group, was established on 21 February 1992. The licence to operate in Mumbai (then Bombay) circle was awarded to Hutchison Max by the Department of Telecommunications (DoT) in November 1994. The cellular service branded "Max Touch" was launched the same year. Hutchison Max entered into the Delhi telecom circle in December 1999, the Kolkata circle in July 2000 a ...
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W-CDMA
The Universal Mobile Telecommunications System (UMTS) is a third generation mobile cellular system for networks based on the GSM standard. Developed and maintained by the 3GPP (3rd Generation Partnership Project), UMTS is a component of the International Telecommunication Union IMT-2000 standard set and compares with the CDMA2000 standard set for networks based on the competing cdmaOne technology. UMTS uses wideband code-division multiple access (W-CDMA) radio access technology to offer greater spectral efficiency and bandwidth to mobile network operators. UMTS specifies a complete network system, which includes the radio access network (UMTS Terrestrial Radio Access Network, or UTRAN), the core network (Mobile Application Part, or MAP) and the authentication of users via SIM (subscriber identity module) cards. The technology described in UMTS is sometimes also referred to as Freedom of Mobile Multimedia Access (FOMA) or 3GSM. Unlike EDGE (IMT Single-Carrier, based on GSM) and ...
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Universal Mobile Telecommunications System
The Universal Mobile Telecommunications System (UMTS) is a third generation mobile cellular system for networks based on the GSM standard. Developed and maintained by the 3GPP (3rd Generation Partnership Project), UMTS is a component of the International Telecommunication Union IMT-2000 standard set and compares with the CDMA2000 standard set for networks based on the competing cdmaOne technology. UMTS uses wideband code-division multiple access (W-CDMA) radio access technology to offer greater spectral efficiency and bandwidth to mobile network operators. UMTS specifies a complete network system, which includes the radio access network (UMTS Terrestrial Radio Access Network, or UTRAN), the core network (Mobile Application Part, or MAP) and the authentication of users via SIM (subscriber identity module) cards. The technology described in UMTS is sometimes also referred to as Freedom of Mobile Multimedia Access (FOMA) or 3GSM. Unlike EDGE (IMT Single-Carrier, based on GSM) and ...
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