Financial Times FT.com

Vodafone and Hutchison to merge in Australia

By Andrew Parker in London and Justine Lau and Tom Mitchell in Hong Kong

Published: February 9 2009 10:02 | Last updated: February 9 2009 18:32

Vodafone, of the UK, and Hutchison Whampoa, of Hong Kong, announced on Monday plans to merge their Australian mobile phone operations, in a move that should enable the combined business to better compete with local rivals.

Hutchison is not ruling out similar deals involving its lossmaking European mobile businesses, according to people familiar with the company, although they said that no transactions were imminent.

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