Monday, November 28, 2011

Hutchison tables EUR1.4bn bid for Orange

Hutchison 3G Austria (H3G) is reported to be close to finalising an agreement to acquire rival mobile operator Orange Austria for EUR1.40 billion (USD1.85 billion), before offloading selected frequencies, base stations and Orange’s wholly-owned Yesss! mobile virtual network operator (MVNO) unit to A1 Telekom Austria in a EUR300 million transaction.


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OVETEL Hutchison tables EUR1.4bn bid for Orange

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