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Tag: irish
Hutchison Acquires Telefonica's Irish Unit for $1.1 Billion
2013-06-24 23:55:43| Telecom - Topix.net
Billionaire Li Ka-shing's Hutchison Whampoa Ltd. agreed to buy Telefonica SA's Irish unit for as much as 850 million euros , a year after failing to take over Ireland's former phone monopoly Eircom Group.
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Telefonica sells Irish unit 02
2013-06-24 15:36:31| Telecom - Topix.net
Spanish telecommunications company Telefonica says it has sold its Irish division, 02, to Hutchison Whampoa in a bid to reduce debt.
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Telefonica sells Irish unit O2 to 3 Ireland for EUR 850 mln
2013-06-24 10:06:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to sell its operating business in Ireland to 3 Ireland, owned by Hutchison Whampoa. The total consideration for the acquisition is EUR 850 million, with EUR 780 million in cash payable on completion and a further additional deferred payment of EUR 70 million dependent upon achievement of agreed financial objectives. The takeover of its bigger rival takes 3 to the number two position on the Irish market, with an estimated market share of 37.5 percent, with over 2 million active customers. The combined operators had pro forma revenues of EUR 803 million in 2012, compared to just EUR 174 million for 3 alone. 3 said the deal will give it the strength to challenge Vodafone for the number one position on the market.
Telefonica to sell Irish unit to Hutchison Whampoa for 850m
2013-06-24 02:00:00| Total Telecom industry news
Spanish operator divests unit in order to reduce its debt.
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telefonica
Irish fans to get their own scent
2013-06-23 08:36:58| IT Services - Topix.net
Two companies, Cloudbreak Group and Steiner Collectibles, are pairing up to develop fragrances for the school, University of Notre Dame director of licensing Michael Low told the South Bend Tribune.
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