Hutchison 3G claims GBP1 billion loan was part of original business plan

11 Mar 2003

Hutchison 3G parent Hutchison Whampoa is insisting that the GBP1 billion (USD1.6 billion) loan from its parent companies NTT DoCoMo, Hutchison Whampoa and KPN last week was part of the company’s original business plan and that the 3G business was progressing at a better rate than expected.