Hutch Could Struggle Despite 3G's PotentialApril 2012 | Company News Alert
Hutchison Telecommunication Lanka became the fifth and final mobile operator in Sri Lanka to launch 3G services, almost six years since it obtained a licence to do so. However, we believe that the late entry does not have a significant impact on Hutch Telecom Lanka's growth prospects as Sri Lanka's 3G market remains relatively untapped. The delay has also given the firm the opportunity to evaluate rivals' strategies and develop one that could spur consumer adoption. That said, we continue to see Hutch Telecom Lanka as a distant challenger.
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