Hutchison Whampoa, Hong Kong's ports-to-retailing conglomerate and Investor AB, Sweden's biggest investment holding company, agreed to team up to apply for a third generationá
3G mobile phone licence in Sweden.
The companies will form a joint venture in which Hutchison will hold 60% and Investor 40%. The two companies previously partnered to acquire Guoco Land, subsequently renamed imGo, to develop mobile internet businesses in Asia.
In teaming with a deep-pocketed partner like Investor û...