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Telecommunication

World news about “Telecommunication” published by euronews.

23/01 13:41 CET

Hutchison Whampoa purchase of 02 will speed up UK mobile phone consolidation

Hutchison Whampoa purchase of 02 will speed up UK mobile phone consolidation

Hong Kong tycoon Li Ka-shing is dialing up his stake in the British telecoms market as his Hutchison Whampoa company moves to buy mobile phone business O2. Spain's Telefonica is selling it for the equivalent of 13.72 billion euros. Hutchison Whampoa already owns the Three…