Tag: O2

O2 plus 3 does not equal competition, says Vestager. Wrong!

O2 plus 3 does not equal competition, says Vestager. Wrong!

Written by on May 11, 2016 in Features with 0 Comments

Telecom investors have focused their attention on the decision on the proposed merger of Hutchison 3G UK and Telefonica UK (O2). EU Commissioner for Competition Margrethe Vestager announced —via Twitter—that she would block the deal. This is bad news for the European telecom industry and the larger goals of the European Commission’s Digital Single Market. However […]

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EU regulators to veto Telefonica’s sale of O2 UK to Hutchison

EU regulators to veto Telefonica’s sale of O2 UK to Hutchison

Written by on April 26, 2016 in News with 0 Comments

BRUSSELS (Reuters) – EU competition regulators will veto CK Hutchison Holdings’ 10.3 billion-pound ($14.9 billion) deal to buy O2 UK from Spanish group Telefonica to become Britain’s biggest mobile network operator, two people familiar with the matter said on Monday. Hutchison, controlled by Asia’s richest man Li Ka-shing, had always faced an uphill battle getting […]

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Hutchison to sell one-third stake in UK mobile unit

Hutchison to sell one-third stake in UK mobile unit

Written by on May 8, 2015 in News with 0 Comments

HONG KONG (Reuters) – Hutchison Whampoa Ltd said it plans to sell a one-third stake in its British mobile phone business for $4.3 billion (3 billion pounds) to five investors – a move that will help the Hong Kong ports-to-telecoms group fund its boldest bet in Europe yet. Hutchison, owned by billionaire Li Ka-shing, agreed […]

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