THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DEBORAH MARCHINI, CNN ANCHOR: Among the news stories we are reporting this morning, Hutchison Whampoa denies a report in the "Financial Times" that it plans to lighten up its stakes in both Vodafone and in Deutsche Telekom. Joining me is "FT" editor Lionel Barber to talk a bit more about the story. What do you make of Hutchison Whampoa's denial here?</s>LIONEL BARBER, "FINANCIAL TIMES": Well, I think we're into a little bit of semantics here. What Hutchison is saying is we don't immediately want to sell the shares in Deutsche Telekom and Vodafone. The intent to sell, I think, is fairly clear and came out at an analyst meeting that we reported on in today's paper in Hong Kong. I think the problem is that Hutchison, like many other big investors, made millions when telecom shares were rising in the bull market -- the new economy market. And then after the correction and after some of these big purchases, like Deutsche Telekom buying U.S. company, VoiceStream, there is a tremendous overhang of Deutsche Telekom stock, Vodafone stock -- after they bought Mannesmann -- and that's going to hit the market some time. Deutsche Telekom had a lockup. Now, Hutchison is signaling it wants to sell and is engaged in very delicate negotiations with Deutsche Telekom on the timing of the sell.</s>MARCHINI: All right. Lionel...</s>BARBER: But I don't think the intent is denied.</s>MARCHINI: Interesting, though, that both stocks are up today, because the markets are reading it that way. Lionel Barber of the "Financial Times" -- thank you. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Hutchison Whampoa Lightening Stake in Vodafone, Deutsche Telekom?