Now - Have people READ and UNDERSTOOD what this means;
Media Release
3 to Bring 3G Coverage to 96% of Population
Network expansion and 3G roaming initiatives
Sydney, 19 August 2008: Hutchison Telecommunications (Australia) Limited (ASX:HTA) today announced that during the first half of 2009 3 will provide its customers with access to 3G services in areas covering 96% of the population.
Network expansion plans include 3 building new coverage where there is currently high roaming and 3G roaming on parts of Telstra’s 850MHz network. These initiatives will increase 3’s 3G network presence from covering 56% of the population today, to covering 96% of the population and are in addition to 3’s existing infill site program.
The new site build is commencing this year in areas of current high roaming for 3’s customers including Newcastle and the Central Coast in NSW and the Mornington Peninsula in Victoria. Around 50 sites will be complete by the end of the year.
Roaming arrangements for 3G roaming on parts of Telstra’s 850MHz network will be in place during the second quarter of next year.
“Plans to extend 3’s 3G network mean that our customers will be able to access their 3G services in far more places, and with the appetite for services like the internet on the mobile growing rapidly, it makes good sense,” said Nigel Dews, Chief Executive Officer, Hutchison Telecoms.
3’s roaming on parts of Telstra’s 850MHz network is in addition to 3’s existing roaming on Telstra’s 2G network which already covers 96% of the population for talk, SMS, MMS, IM and email.
“In addition to providing more access to our 3G services, these initiatives will reduce our roaming costs. Both new sites being added and lower wholesale roaming costs will have a significant impact,” said Mr Dews.
3’s 3G network operates at 2100MHz, was Australia’s first 3G network, and is shared with Telstra following a joint venture agreement in 2004.
- Ends -
- For now 3 has 56% population where they can offer their services.
- Soon they will offer 96% of the population.
- Now they have stores in only major cities
- What next Albury, Newcastle, Echuca, Mildura, Dubbo, Horsham, etc
Huntley's Recommendation
________________________________________
There is no Recommendation for this company.
Broker Consensus Estimates
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Last Analyst Update: 4 September, 2008
Strong Buy 2
Moderate Buy 2
Hold 3
Moderate Sell 1
Strong Sell
ProspectFcst
0 1 2 3 4 5 6 7 8 9 10
Number of Analysts
Go you little beauty, bummer shit economy, good thing is at least we are at the bottom, good luck, study and make your own choice in life, cheers
Broker Consensus History for Hutchison Telecommunications (Australia) Limited (HTA)
Company Consensus
Update Buys Holds Sells Score Recom-
mendation 12 Month
Target Price
(highest) 12 Month
Target Price
(lowest) 12 Month
Target Price
(average) Current
Price
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
Buy Hold SEll
ORDINARY FULLY PAID 20th Aug 2008 4 3 1 0.4 Hold $0.27 $0.11 $0.184 $0.115
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
ORDINARY FULLY PAID 18th Aug 2008 3 4 1 0.3 Hold $0.27 $0.11 $0.193 $0.115
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
ORDINARY FULLY PAID 15th Aug 2008 3 4 1 0.3 Hold $0.27 $0.11 $0.193 $0.115
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
ORDINARY FULLY PAID 12th Jun 2008 3 4 1 0.3 Hold $0.27 $0.13 $0.204 $0.115
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
ORDINARY FULLY PAID 21st May 2008 2 5 1 0.1 Hold $0.27 $0.13 $0.204 $0.115
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) LIMITED (HTA)
ORDINARY FULLY PAID 20th May 2008 2 5 1 0.1 Hold $0.27 $0.13 $0.204 $0.115
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