July 27, 2016 2:37 AM ET

Wireless Telecommunication Services

Company Overview of Vodafone Hutchison Australia Pty Limited

Company Overview

Vodafone Hutchison Australia Pty Limited provides telecommunications services in Australia. It offers prepaid services, mobile services, mobile broadband, and roaming services, as well as mobile phones and tablets. The company is based in North Sydney, Australia. Vodafone Hutchison Australia Pty Limited is a joint venture of Hutchison Telecommunications Australia Ltd. and Vodafone Group Plc.

40 mount street

Level 7

North Sydney, NSW 2060

Australia

3,060 Employees

Key Executives for Vodafone Hutchison Australia Pty Limited

Chief Executive Officer
Chief Financial Officer
Chief Strategy Officer and Corporate Affairs Director
Chief Technology Officer
General Counsel and Company Secretary
Compensation as of Fiscal Year 2016.

Vodafone Hutchison Australia Pty Limited Key Developments

Vodafone Hutchison Australia Pty Limited Reports Revenue Results for the Year Ended December 31, 2014

Vodafone Hutchison Australia Pty Limited reported revenue results for the year ended December 31, 2014. For the period, the company reported total revenue of $1,747.6 million against $1,776.0 million a year ago. Service revenue was $1,362.3 million against $1,493.6 million a year ago.

Vodafone Group May Reportedly Sell Vodafone Hutchison Australia

Vodafone Group Public Limited Company (LSE:VOD) is planning to sell Vodafone Hutchison Australia Pty Ltd. Vittorio Colao, Chief Executive Officer of Vodafone Group, said that Vodafone would consider selling its Australian operations along with other non-core assets and has been checking with potential buyers. Colao sad, "We constantly check with possible parties interested in some of our less core assets. We would consider sales but we are not distressed sellers so therefore we must sell at full value. Otherwise we keep them and manage the cash." After the comments emerged, Vodafone Hutchison Australia said in a statement that Colao was referring to the general principle that Vodafone was open to potential changes to its portfolio and it had no specific plans to sell. The joint-venture nature of Vodafone Hutchison Australia also means all major decisions must be accepted and funded by both parties, which in turn makes it less attractive to potential buyers. In the clarifying statement issued on November 20, 2014, Vodafone Group said that Colao did not want to give the impression that the group had any definite plans to sell any of its local assets.

Vodafone Hutchison Australia Reports Earnings Results for the Six Months Ended June 30, 2014

Vodafone Hutchison Australia reported earnings results for the six months ended June 30, 2014. Revenue was AUD 863 million against AUD 872 million last year. EBIT was AUD 6 million against LBIT of AUD 34 million last year. Loss attributable to shareholders was AUD 79 million against AUD 96 million last year.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Vodafone Hutchison Australia Pty Limited, please visit www.vodafone.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.