- Jan 8, 2011
- 22,361
- Content source
- http://www.engadget.com/2015/01/23/three-uk-acquisition/
Hutchison Whampoa is in talks to buy O2 from Telefonica. The Hong Kong-based company, owner of Three UK, has confirmed that it's entered "exclusive negotiations" to buy its rival's mobile network for £10.25 billion. While the deal is by no means complete, it signals yet another sea change in the UK telecoms industry.