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Hutchison to buy UK mobile network O2 for $US15.3 billion

2015-03-25 04:05:05| Wireless - Topix.net

Hutchison's finance director, has said the deal's approval will probably rest with European authorities in Brussels, rather than UK officials. Billionaire Li Ka-shing's Hutchison Whampoa Ltd agreed to buy Telefonica SA's O2 unit in the UK for more than $US15 billion creating the nation's biggest wireless provider by customers, increasing a bet on telecommunications amid an overhaul of his business empire.

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Category:Telecommunications

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