Today, Hong Kong-based Hutchison Whampoa released a statement saying that it is in exclusive negotiations with Telefonica to acquire mobile carrier O2 in the UK, offering to pay up to £10.25 billion ...

Towards the end of last year, the UK mobile industry was abuzz with activity at the news BT was looking to make their way back into the mobile arena. Since then, British Telecom entered a bid of £12.5 ...

Hutchison Whampoa is reportedly preparing a bid for EE or Telefonica’s O2 unit in the UK, as the Spanish operator has shifted its thoughts towards a global alliance with BT. The UK fixed incumbent is ...

Hutchinson Wampoa already owns one mobile network in the UK, the company owns Three, and now according to a recent report that are interested in acquiring another major UK network. According to a ...

The regulators said “NO” when Telefonica tried to combine its O2 operations in the UK with rival carrier, Hutchison-owned Three, back in 2015. But Telefonica didn’t let go of the idea of divestment, ...

Spanish telecoms company Telefonica, the parent company of O2, has poured cold water on speculation that it is preparing to go public in the UK following last year's Initial Public Offering (IPO) of ...

MADRID, Spain and DENVER, Colorado--(BUSINESS WIRE)--Liberty Global and Telefonica today announced their intention to appoint Lutz Schüler as Chief Executive Officer and Patricia Cobian as Chief ...

LONDON (Reuters) - Telefonica's O2 won the biggest chunk of new British mobile airwaves in an auction that raised 1.36 billion pounds for the government, regulator Ofcom said. All four of Britain's ...

Hot on the heels of announcing a tough second quarter when it experienced overall falling revenues and customer losses, but with its UK subsidiary Virgin Media O2 (VMO2) showing a return to ...

LONDON (Reuters) - Telefonica will not list its British mobile business in 2016, the unit's chief executive said, citing softer demand for initial public offerings and the impact of the weaker pound, ...