Three Promised to Surpass Coverage Requirement After Acquisition of O2

CK Hutchison promise to extend coverage in the UK. European Commission are currently investigating whether to approve the acquisition or not.

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European antitrust launches in-depth probe on Hutchison's $14 Billion offer for Telefonica's 02

Europe's major antitrust regulator has opened an "in-depth investigation" on Hutchison's $14 billion acquisition of Telefonica UK's O2 operations. According to The Wall Street Journal, top European Union officials have been warning that mobile-phone mergers in concentrated markets can lead to higher prices and less options for consumers.

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Telefonica finalizes $15 billion sale of UK unit to Hutchison

Spain's Telefonica (TEF.MC) said it had finalised a deal to sell its British mobile business O2 to Li Ka-shing's Hutchison Whampoa (0013.HK) for 10.25 billion pounds ($15.2 billion), confirming details announced earlier this year.

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Hutchison and Telefonica set to close O2 deal for $15.7 billion

Hutchison Whampoa Ltd (0013.HK) is expected to finalize a deal to buy Telefonica SA's (TEF.MC) British mobile unit O2 for 10.5 billion pounds ($15.70 billion) as early as Tuesday morning, the Financial Times reported.

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Hutchison in talks over deal for Britain's O2

Hutchison Whampoa (0013.HK), owner of Britain's fourth-largest mobile operator Three, is in talks with Telefonica (TEF.MC) about buying its O2 network, the Sunday Times reported, citing unnamed city sources.

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Apple starts selling the 8GB iPhone 5C in Europe

Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.

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Britain has growing competition between 4G network providers

Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division.

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Vodafone to start providing 4G services in London

Vodafone would start providing a 4G mobile services for its customers in London this month.

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