Pounds 4.7m-a-Day 3g Losses Hold Back Hutchison

Summary


GLOBAL third-generation mobile phone operation 3 lost Pounds 4.7 million a day last year, its Hong Kong parent Hutchison Whampoa admitted today.

But executives claim the venture is on course to break even.

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Extract


Pounds 4.7m-a-Day 3g Losses Hold Back Hutchison

The swathe of red ink had been expected as the conglomerate backed by Li Ka-shing - Asia's richest businessman...

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