Earnings: 3 Group Narrows Losses As Mobile Broadband Surges

image Hong Kong conglomerate Hutchison Whampoa reported narrowing losses at its 3G telecoms unit 3 Group, despite ongoing difficulties with its Italian arm, reports FT.com. Losses at 3 Group fell 39 percent in 2008 to HK$10.857 billion ($1.4 billion), as annual revenues inched up 1 percent to HK$60.372 billion ($7.79 billion). Hutchison MD Canning Fok declared

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