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Hutchison Whampoa rebrands Austrian unit

  • Hutchison Whampoa ((HUWHY.PK), (HUWHF.PK)) unveils the rebranding of its Austrian unit, which acquired Orange Austria for $1.8B in Jan. The Orange brand will disappear and be folded into Whampoa's 3 Austria name.
  • Orange's SIM-only plan (€7.50/month) will continue to be offered under the new brand.
  • The merged unit is targeting a market share in Austria of 30%, from 24% now. It is offering a sign-up bonus of €100 to new customers in an effort to get there.
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