Hutchison Telecom to Form Strategic Partnership with Vodafone in Hong Kong

Hong Kong, 20 September 2011 - Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH, Stock Code: 215) and Vodafone Group (Vodafone) today jointly announced that the mobile arm of HTHKH, Hutchison Telecom Hong Kong and Vodafone, intend to work together upon the expiration of its contractual agreement with its existing partner in Hong Kong. This follows news today that Vodafone and certain members of the Conexus Mobile Alliance, including Hutchison Telecom Hong Kong, have agreed to form a strategic alliance.

Hutchison Telecom Hong Kong will become the preferred non-equity partner of Vodafone in Hong Kong in roaming and global corporate sales services. It will also be entitled to use the Vodafone brand and enjoy access to Vodafone’s devices and services in Hong Kong.

Hutchison Telecom Hong Kong and Vodafone plan to jointly provide customers with enhanced network coverage, harmonised roaming rates across multiple countries and greater cost efficiencies. The duo also plans to support multinational corporations with services and solutions such as consolidated bid management for regional and global Request for Proposal, single Master Service Agreement, central ordering system and online Telecom Expense Management.

Mr Peter Wong, Chief Executive Officer of HTHKH, said: "The partnership has highlighted HTHKH’s ongoing effort to sustain growth and create value for our shareholders. The strategic move will help enhance our abilities to meet growing demand among multinational corporations for sophisticated voice and data communications services and solutions as well as advanced roaming services. With Vodafone’s existing partners added to our portfolio of corporate customers, this will further strengthen our corporate customer base and drive the growth of data and voice usage from the business sector, greatly benefitting the Company as a whole."

Paul-Gerhard Itjeshorst, Acting CEO of Vodafone Partner Markets commented: "The value to Vodafone of collaborating with Hutchison Telecom Hong Kong, one of the Conexus members, will be significant given the growing importance of the Asia region to our enterprise customers."