Hutchison 3G

Hutchison to buy mobile operator Orange Austria

Hutchison 3G continues to grow its European mobile phone business with its acquisition of Austria’s third biggest mobile firm from France Telecom and Mid-Europa Partners.

<div style="text-align: left;"> Hutchison targets Austria as low valuations and tough competition squeeze France Telecom out </div>

Rupert Walker

February 06, 2012

Hutchison 3 Austria will buy Orange Austria in a deal valued at €1.3 billion ($1.7 billion), according to a statement by Hutchison Whampoa, the mobile phone unit’s Hong Kong parent, on Friday.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.