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August 04, 2015 7:33 PM ET

Wireless Telecommunication Services

Company Overview of Hutchison 3G UK Holdings Limited

Company Overview

Hutchison 3G UK Holdings Limited, through its subsidiaries, operates a mobile network in the United Kingdom and internationally. The company provides Internet calling or VoIP, social networking, instant messaging, email, mobile broadband network, music video, and video and voice call services, as well as music videos streaming and downloading services. Hutchison 3G UK Holdings Limited also sells Wi-Fi only tablets. The company also offers mobile TV subscription video-on-demand services that allow subscribers to access various episodes of TV shows. The company was incorporated in 2000 and is based in Maidenhead, United Kingdom. It has operations in Australia, Austria, Denmark, Hong Kong, Irel...

Star House

20 Grenfall Road

Maidenhead,  SL6 1EH

United Kingdom

Founded in 2000

Phone:

44 1628 765 000

Fax:

44 1628 765 473

Key Executives for Hutchison 3G UK Holdings Limited

Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
General Counsel and Director of Regulatory Affairs
Director of Corporate Affairs
Compensation as of Fiscal Year 2015.

Hutchison 3G UK Holdings Limited Key Developments

Dixons Carphone Signs MVNO deal with 3UK

Dixons Carphone confirmed that it has formed a mobile virtual network operator (MVNO) partnership with 3UK and plans to launch services in the spring. The new network, which builds on the group's existing mobile broadband relationship with 3UK, will bring innovative and highly personalized connectivity options for customers to enjoy.

3 UK to Invest GBP 4.8 Million in Hull LTE Upgrade

3 UK has announced a GBP 4.8 million investment in a two-year upgrade project in Hull, where over two-thirds of its sites will be upgraded to LTE by the end of 2015 and the remainder in 2016. The investment also includes an upgrade to the fibre backhaul network connecting the operator's cell sites, with CityFibre already having started to roll out cable in the city. The backhaul upgrade project is expected to take up to 12 months to complete.

3 UK Reports Earnings Results for the First Half Year Ended June 2014

3 UK reported earnings results for the first half ended June 2014. The company posted a 3% decline in first-half revenues to £974 million, but profits grew as customers used an increasing amount of mobile data. The company reported operating profit of £123 million, a significant increase on the £86 million it generated in the same period last year and up slightly on the £121 million it reported in the second half of 2013. Growth in customer numbers and in mobile data usage drove that profit increase. The EBITDA for the period amounted to £232 million growing 23% year-on-year and leading to an improvement of 4 percentage points in EBITDA margin to 32%. Capex for the first six months amounted to £116 million compared with £87 million in the first six months of 2013.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 23, 2015
Telefónica UK Limited
 

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