Hutchison 3G Needs A 2G Partner
When you place as big a bet as Hutchison 3G has, you are bound to be the subject of all sorts of speculation. The latest rumor is that H3G could be under pressure from its bankers to merge with an established carrier. The reasoning is that their loans are based on meeting subscriber goals and revenues that will be hard to meet in the current market conditions without an established customer to upsell 3G to. This sounds like a worst case scenario. H3G is clearly positioning themselves as something more than just an other wireless carriers to consumers. Merging with someone would dilute all the branding work they’ve done to date.