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Telefonica to sell UK phone operator O2 to Hutchison Whampoa

2015-03-24 20:23:10| Telecom - Topix.net

" European cell phone operator Telefonica SA said Tuesday it has reached an agreement to sell its British business, O2, to Hong Kong conglomerate Hutchison Whampoa Ltd. for 10.25 billion pounds . Spain-based Telefonica said the purchase price includes an initial amount of 9.3 billion pounds and another 1 billion pounds to be paid later.

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Category:Telecommunications

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