BT to buy O2 UK from Telefonica?

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UK operator BT is rumoured to be in talks to buy O2 UK with O2’s parent company Telefonica seeking a strategic partnership with BT that would see it sell its mobile network in return for a 20% stake. According to a report on El Confidencial, Telefonica’s CEO César Alierta is exploring the partnership with BT to create a European Giant and whilst talks are at an advanced stage, “there is nothing concrete yet”. Continue reading “BT to buy O2 UK from Telefonica?”