Hutchison Whampoa’s Italian Telecom Cha…

When Hutchison Whampoa went into Italy in 2003 with 3 Italia, its 3G mobile operation, Hong Kong tycoon Li Ka-shing was betting he would be ahead of the game, enjoying first-mover advantage and laying claim to trend-conscious Italian consumers. But today his venture is under threat from new entrants and existing operators, who are beginning to counter the Asian interloper, offering a wider range of converged fixed and mobile services and banking on their fixed-line network – something that Hutchison Whampoa lacks in Italy.

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