Companies that paid billions for 3G mobile phone licenses might finally be starting to see their gam...
Companies that paid billions for 3G mobile phone licenses might finally be starting to see their gamble pay off. Ben Walker, manager of the Gartmore Global Utilities fund, says: "The new thing in the UK telecoms sector is the success of Hutchisons3, which is getting a lot of market share at the moment. Carphone Warehouse has also reported that sales of third-generation phones are doing well." Wireless operators are the major focus of Douglas Wight, telecoms sector manager at Martin Currie. "We are broadly overweight in mobile and underweight in wireline providers for simple reasons," h...
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