CK Hutchison

CK Hutchison Group Telecom specified fixed wireless access (FWA) and expansion of data analytics projects as growth drivers for the business going forward, as its European 3-branded operations reported a mixed bag of results for 2022.

Cellnex agreed to sell 1,100 sites in the UK to the Wireless Infrastructure Group (WIG), a move which could pave a path forward for a proposed takeover of CK Hutchison’s tower assets to be cleared in November.

Cellnex ha acordado vender más de un millar de sus emplazamientos en el Reino Unido a Wireless Infrastructure Group (WIG).

CK Hutchison touted an expectation of future improvements in 3 Group Europe’s financial performance in its H1 earnings report, as it pursues an asset-light strategy, creates new 5G revenue streams and assesses in-market consolidation.

CK Hutchison’s telecoms division inked a deal with Gameloft Business Solutions to launch unlimited mobile gaming to the operator’s customers across a potential ten markets, with the service set to be initially available in Austria and Italy.

CK Hutchison booked another drop in revenue at WindTre during Q1, but highlighted progress in stemming subscriber declines due to a prepaid sub-brand of the Italian business.

The CEO of 3 UK reiterated a call for a consolidation of the market, again describing it as dysfunctional and requiring a structural change to improve the overall quality of infrastructure.