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Hutchison offers $15B for Telefonica's UK mobile phone unit

2015-01-23 07:48:09| Telecom - Topix.net

Hong Kong billionaire Li Ka-shing's flagship company said Friday it's offering about $15 billion for the British business of European mobile phone operator Telefonica. Hutchison Whampoa Ltd., which already owns British mobile operator Three, said in a statement that it has been in "exclusive negotiations" with Telefonica SA over the past several weeks for the potential purchase of O2 UK.

Tags: phone offers mobile unit

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