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

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