O2

Owner of Three UK will purchase O2 for £10.25 billion

Three UK owner Hutchison Whampoa has agreed to purchase O2 UK from Telefónica for £10.25 billion.

Talks between Hutchison Whampoa and Telefonica began in January of this year.

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Carphone Warehouse partners with Three to launch new network in the UK

Dixons Carphone, the owner of UK retailer Carphone Warehouse, has announced plans to launch a new mobile virtual network operator (MVNO). Partnering with Three, which may soon merge with O2 should purchase talks between Hutchison Whampoa and Telefonica go head, Dixons itself will offer branded tariffs alongside contracts from major mobile operators in the UK.

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Sky partners with O2 to enter the UK mobile market

Sky has today announced plans to launch a new mobile service in 2016, partnering up with O2 for the mobile virtual network operator (MVNO) venture. The deal will enable Sky to offer 2G, 3G and 4G services to its customer base, placing the company in a strengthened position against rivals.

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Three UK reportedly confirmed to be purchasing O2 for £10 billion [updated]

Update: Three UK owner Hutchison Whampoa has officially confirmed that the company has entered into exclusive negotiations with Telefonica over a potential purchase of O2.

Three UK, announced that it has entered into exclusive negotiations with Telefónica, S.A. over a period of several weeks for the potential acquisition of Telefónica, S.A.'s UK subsidiary, O2 UK, for an indicative price in cash of £9.25 billion which would be paid at closing, and deferred upside interest sharing payments of up to a further £1 billion in the aggregate payable after the cumulative cash flow of the combined businesses of Hutchison 3G UK Limited and O2 UK has reached an agreed threshold.

Original story: We reported a few days ago that Three UK was looking to purchase O2 from Telefonica, and now the deal has reportedly been confirmed at a price of 10 billion pounds (roughly 15 billion US dollars) and is expected to be finalized Friday morning.

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Three UK reportedly looking to purchase O2 from Telefonica

The company behind UK mobile operator Three, Hutchison Whampoa, is reportedly looking to purchase competitor O2, which is currently owned by Telefonica. The deal could be worth as much as $13.6 billion to Telefonica, who The Financial Times reports to have enlisted the aid of investment bank UBS to analyze available options, including partnership and flotation of the business.

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UK operators will invest £5 billion in infrastructure to solve network 'not-spots'

The UK government has managed to reach an agreement with local operators to work on the issue of nationwide 'not-spots': areas restricting access to basic mobile functions due to weak signal coverage. EE, O2, Three and Vodafone will invest a guaranteed £5 billion to improve mobile infrastructure by 2017 with the aim to provide 90 per cent of the UK with both voice and text coverage.

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BT in early talks to purchase O2 or EE

According to reports, British Telecom is in early talks with Telefonica to purchase O2, the same mobile operator it released back in 2001. Not only has BT set its sights on O2, but the UK's largest network EE has also been offered in a separate deal.

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O2 shows that sharing is caring with new bundles

UK mobile operator O2 has announced new plans for families and those with multiple handsets. Sharer and Family Sharer enables O2 subscribers to share data bundles of up to 8GB across multiple mobile devices attached to a single account. The new plans aren't limited to smartphones either as tablets and other data-connected hardware are all included.

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UK government may force networks to offer national roaming with new legislation

New legislation could be in the works to effectively force UK operators to offer roaming options for customers where signal is poor. The UK government continues to work with mobile carriers on a solution to address black spots and areas where signal is hard to come by. The plan is to offer said roaming support to make it possible to switch between networks to maintain service, something mobile operators previously rejected.

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Three, O2, EE, or Vodafone: Which UK iPhone 6 or iPhone 6 Plus carrier should you choose?

2014 iPhone buyers guide: How to choose between Three, O2, EE, Vodafone or alternatives such as Virgin Media or GiffGaff for your iPhone 6 or iPhone 6 Plus!

If you're in the U.K, choosing a carrier for your new iPhone 6 or iPhone 6 Plus is as tough as ever. We've now got LTE support across the country from all the major carriers, even some of the MVNOs are starting to get in on that and pricing is become every more competitive. Add to that increasing competition from high-street retailers to get your business and it can become a real challenge to hunt down the best deal.

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