Hutchison Telecom Indonesia Selects Siemens as the Supplier for Nationwide Turnkey Wireless Network21 January 2006
Hutchison Telecommunications International Limited (SEHK: 2332; NYSE: HTX; 'Hutchison Telecom'; 'the Company') today announces that PT Hutchison CP Telecommunications ('Hutchison Telecom Indonesia'), its joint venture in Indonesia with CP Group of Indonesia has selected Siemens to be the supplier for a nationwide turnkey wireless network and managed services in Indonesia. Hutchison Telecom Indonesia plans a range of nationwide comprehensive and affordable wireless communications services in Indonesia, through a GSM 1800 network with UMTS infrastructure overlaid in key cities. According to plan, the network shall be expanded in phases with target completion of around 2,000 cell sites in Phase One in the second half of 2006. Under the agreement Siemens will also provide financing as well as network management services for an initial three-year period, which will include network maintenance, performance and capacity management, service management as well as network field services. Dennis Lui, Chief Executive Officer of Hutchison Telecom said, "Indonesia is one of our key strategic growth markets. It is our priority to build a high quality wireless network with scalability from the beginning. We are pleased to partner with Siemens in one of the Company's most significant capital investment projects. With their global experience in wireless network deployment, especially in Indonesia, and recognised expertise in managed services, Hutchison Telecom Indonesia is well positioned to achieve market growth as well as products and service innovation in Indonesia." "This order is a major success for us," says Thomas Ganswindt, Chief Executive Officer of Siemens Communications Group and Member of the Corporate Executive Committee of Siemens AG. "Hutchison Telecom Indonesia is putting its money on our wireless technology and services. That confirms that our strategy of offering customers competitive end-to-end solutions is the right one." About Hutchison Telecommunications International Limited Hutchison Telecommunications International Limited ('Hutchison Telecom' or 'the Group') is a leading global provider of telecommunication services. The Group currently offers mobile and fixed-line telecommunication services in Hong Kong, and operates or is rolling out mobile telecommunication services in Macau, India, Israel, Thailand, Sri Lanka, Ghana, Indonesia and Vietnam. It was the first provider of 3G mobile services in Hong Kong and Israel and operates brands including "Hutch", "3" and "Orange". Hutchison Telecom is a listed company with American Depositary Shares quoted on the New York Stock Exchange under the ticker HTX and shares listed on the Stock Exchange of Hong Kong under the stock code 2332. A member of the Hong Kong-based Hutchison Whampoa Group, Hutchison Telecom is dedicated to providing superior telecommunication services in dynamic markets. For more information about Hutchison Telecom, see http://www.htil.com . Cautionary Statements This press release contains forward-looking statements. Statements that are not historical facts, including statements about Hutchison Telecommunications International Limited's ('the Company') beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks, uncertainties and assumptions. The Company cautions you that if these risks or uncertainties ever materialise or the assumptions prove incorrect, or if a number of important factors occur or do not occur, the Company's actual results may differ materially from those expressed or implied in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from the Company's forward-looking statements can be found in the Company's filings with the United States Securities and Exchange Commission. For enquiries, please contact: Mickey Shiu Corporate Communications Hutchison Telecom Work: +852-2128-3107 Mobile: +852-9092-8233 Email: mickeyshiu@htil.com.hk
Source: prnewswire
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