Feeds

3 Italia: one million subscriber target ‘postponed’

Supply problems

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

3 Italia CEO Vincenzo Novari has been quoted in an interview with Borsa e Finanza business weekly admitting; "our one million client target by the end of March may be postponed by several weeks". He then went on to add "we blame a strong delay in deliveries from NEC, while we see a growth in demand and a perfect technical situation in network and services."

3 Italia is trying to carve out market share before Italy's bigger mobile operators like Telecom Italia Mobile and Vodafone launch their high-tech services. The company currently has about 300,000 clients and 120,000 on waiting lists. It is one of nine 3G ventures worldwide controlled by the Hong Kong-based Hutchison Whampoa Group. This worldwide rollout of 3G services is thought to have cost the conglomerate something in the region of $16.7 billion.

In Europe, the first two countries it launched in were the UK and Italy, back in March. The Swedish operation was launched in May, and it is also currently available in Australia and Austria. There are plans to introduce the services in Denmark, Hong Kong, Ireland, Israel, and Norway.

Most investment banks had expected Hutchison to miss its 2003 year-end targets of one million subscribers in both Italy and the UK, although some expect this to be achieved by the summer of 2004. One of the principle reasons for the gloomy short-term outlook for Hutchison Whampoa's 3G wireless business is due to the shortage of handsets. Hutchison is now expected to reach break even in 2007.

In actual fact, 3 Italia has been a victim of its own success, and it must be said, unreasonable sales targets set by upper management. As early as September this year, it was experiencing supply problems when it ran out of handsets, and was awaiting a shipment of 1.5 million videophones to replenish reserves.

Source: Computerwire/Datamonitor

Related Research
Mobile Consumer Update; data data data

Choosing a cloud hosting partner with confidence

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.