Tuesday, 25 July 2017

Hutch finalises £10.25bn deal for O2 UK

By Nick Wood, Total Telecom
Wednesday 25 March 15

Merger to create new mobile market leader with 33 million customers; transaction expected to close by mid-2016.

Hutchison Whampoa and Telefonica late on Tuesday finalised their £10.25 billion agreement to merge their U.K. businesses, creating the country's largest mobile operator by subscribers. The companies have been holding exclusive talks about combining 3UK and O2 since January. The headline terms of the transaction remain unchanged…

Hutchison Whampoa and Telefonica late on Tuesday finalised their £10.25 billion agreement to merge their U.K. businesses, creating the country's largest mobile operator by subscribers. The companies have been holding exclusive talks about combining 3UK and O2 since January. The headline terms of the transaction remain unchanged…

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