Hutch completes deal with Etisalat

04 Dec, 2018

On 30 November 2018, Emirates Telecommunications Group Company PJSC (?Etisalat Group?) has completed the sale of its 100% shareholding in Etisalat Lanka (Private) Limited (?ESL?) to Hutchison Telecommunications Lanka (Private) Limited (?Hutch Lanka?).

Upon completion of the sale, CK Hutchison Holdings Limited group will have a majority and controlling stake of 85% whilst Etisalat Group will have 15% ownership of Hutch Lanka.

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