HWL is a leading global telecommunications and data services provider operating with a high growth strategy in 15 countries. It is a dynamic and agile player with a strong track record as:

• The first to market with an international 3G video mobile network under the “3” brand;
• One of the most agile and profitable 2G mobile voice and data network operators; and
• As a major owner and operator of the fibre optic broadband and fixed-line networks in Hong Kong, serving as a telecoms gateway to China.

HWL started mobile business in 1983 in our home market of Hong Kong and now serves over 25 million customers. Our array of telecommunications and data network offerings provides a depth of technological knowledge and insight into emerging consumer trends. This breadth of services in so many markets around the world also allows our operations to exploit opportunities, synergies and our critical mass in order to maintain our leadership position. Our telecommunications and data infrastructure support offerings in the areas of mobile telephony (voice and video based multimedia), fibre-optic broadband networks, fixed-line services and radio broadcasting.

HWL is proud to be the first international provider of 3G video mobile services and an early adopter of the latest and most promising mobile phone technology. While other operators were rolling their third-generation mobile services in late 2004, 3 had been successfully operating 3G networks and equipment in Australia, Austria, Denmark, Hong Kong, Ireland, Israel, Italy, Sweden and the United Kingdom since early 2003. We were also the first operator in Hong Kong to introduce 3G video mobile services in January 2004.

Another of our major telecommunications subsidiary is Hutchison Telecommunications International Limited (Hutchison Telecom), which was listed on the Hong Kong and New York stock exchanges in October 2004. Hutchison Telecom has a significant presence, and in many cases is a market leader, in eight dynamic markets, operating mobile services in Hong Kong and Macau, Israel, Indonesia, Vietnam, Thailand, Sri Lanka and Ghana. The 3G network in Hong Kong and a fixed-line telecom running there on a fibre-optic network is also part of the Hutchison Telecom business. Hutchison Telecom is built on a high-growth strategy focused on mobile telecommunications services markets with economic prospects and good demographics. A number of Hutchison Telecom markets such as Indonesia and Vietnam remain significantly under penetrated and offers significant opportunities for future growth. In other markets such as Hong Kong and Israel, mobile phone penetration is higher but customers are very eager to adopt new services and applications, offering growth prospects in providing technologically-advanced value-added services.

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