Hutchison plans to sell one-third stake in O2/3 UK entity for £3.1B

Hutchison Whampoa is recruiting five heavyweight investors to help fund its proposed £10.25 billion ($15.4 billion) acquisition of O2 UK. The five investors will pay £3.1 billion for a 33 per cent stake in Hutchison 3G UK Holdings, which was …

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O2 to buy out partners in UK m-commerce firm Weve

O2 is to become the sole owner of Weve, the operator-owned m-commerce firm in the UK that tried and failed to get into mobile payments. The news was first reported by the Financial Times. Weve was set up as a …

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Google, Hutch discuss roaming deal

Google is in discussions with Hutchison Whampoa about enabling US consumers to use their phones abroad without incurring additional roaming charges, according to The Telegraph. The search giant wants users to be charged the same for voice, text or data …

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Hutchison on verge of O2 deal – reports

Hong Kong conglomerate Hutchison Whampoa, owner of 3 UK, the smallest mobile network operator in the UK, is said to be closing in on a £10.25 billion deal to land Telefonica-owned O2, the second largest mobile player. Exclusive talks between …

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Ofcom proposes 10% fee cut for UK operators

Ofcom, the UK telecoms regulator, opened up a consultation period about whether or not annual licence fees for 900MHz and 1800MHz spectrum should take into account the coverage agreement operators signed with the UK government, although its latest proposal already …

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Hutch, VimpelCom set to restart stalled merger talks in Italy – report

Hutchison Whampoa and VimpelCom are back in contact about merging their respective Italian units, according to Il Giornale. Executives from the two companies held an initial meeting at the London offices of Deutsche Bank earlier this week. The two companies …

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Dixons Carphone wants to be MVNO with IoT angle

Dixons Carphone struck an MVNO deal with 3 UK, promising a service that will set the electrical retailer apart from rivals. The intention is to offer a mobile connection for the smart home appliances the retailer sells in store. In …

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Sky strikes O2 wholesale deal as quadplay battle escalates

Satellite TV broadcaster Sky has struck a multi-year deal in the UK to gain wholesale access to 2G, 3G and 4G services over Telefonica O2’s network. It plans to launch its first mobile service in 2016. The deal, which has …

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