0
Wireless

Hutchison takes action against EC over O2 deal - report

Monday 1 August 2016 | 09:37 CET | News
Hutchison, parent company of 3 UK, has started legal action against the EU's decision to block its acquisition of O2 UK, reports The Telegraph. According to industry sources, it has issued proceedings against the EC at the European Court of Justice. Winning the legal challenge will not revive the deal as the agreement between Hutchison and Telefonica has lapsed. However, Hutchison could seek compensation.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: 3 UK / O2 / O2 UK / Telefonica
Countries: United Kingdom
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica confirms O2 UK IPO under consideration

Published 05 Sep 2016 16:04 CET | United Kingdom
Telefonica has confirmed that a stock market listing is among the options under consideration for its unit O2 UK. Following a ...

3 UK adds 24 new destinations to Feel At Home

Published 11 Aug 2016 21:29 CET | United Kingdom
3 UK announced that customers will be able to roam at no extra cost in 42 countries from September with the addition of 24 new ...

3 UK grows active customers 2% in H1

Published 11 Aug 2016 12:21 CET | United Kingdom
3 UK ended with a total of 10.85 million mobile customers at end-June. Of these, 9.16 million were active customers, up 2 percent ...

3 Denmark lifts H1 customers 3%, revenue up 1%

Published 11 Aug 2016 12:15 CET | Denmark
CK Hutchison said its 3 Denmark subsidiary lifted its active customer base by 3 percent in the first half of 2016, with total ...

3 Group organic revenue growth slows to 1% in H1

Published 11 Aug 2016 10:49 CET | Europe
CK Hutchison reported a slowdown in growth at 3 Group Europe in the first half of 2016, hurt by negative currency effects and ...

3 UK launches new Refer a Friend promotion

Published 09 Aug 2016 10:56 CET | United Kingdom
3 UK has launched a new 'Refer a Friend' promotion for customers. From 08 August to 09 September, customers will be added to an ...

O2 UK to stock new Samsung Galaxy Note 7

Published 04 Aug 2016 08:59 CET | United Kingdom
O2 UK confirmed plans to sell the new Samsung Galaxy Note 7. It will be available to pre-order from O2 on 16 August and on sale ...

O2 UK no longer for sale - Telefonica

Published 30 Jun 2016 08:41 CET | United Kingdom
Telefonica has pulled out of plans to sell O2 UK, consolidating the unit back into its financial statements and no longer ...

Telefonica draws up plans for O2 UK IPO - report

Published 22 Jun 2016 09:17 CET | United Kingdom
Telefonica has started to draw up plans to list O2 UK on the stock market. Two people briefed on the situation told the Financial ...

Telefonica to hold on to O2 UK - report

Published 30 May 2016 10:10 CET | United Kingdom
Telefonica is leaning toward holding on to O2 UK rather than seek another buyer, a person with direct knowledge of the matter ...

O2 UK CEO considers management buyout - report

Published 16 May 2016 11:14 CET | United Kingdom
O2 UK CEO Ronan Dunne is considering a GBP 8.5 billion management buy-out of the company after EU regulators blocked the sale of ...

Telefonica to 'reflect on future of UK business' - chairman

Published 13 May 2016 09:52 CET | Spain
Telefonica has confirmed that it will stick by its promise to pay a dividend of EUR 0.75 a share this year even after the ...

EC blocks O2-3 UK merger

Published 11 May 2016 12:36 CET | United Kingdom
The European Commission has blocked the proposed merger of O2 UK and 3 UK, saying competition on the UK mobile market would ...





Calendar   /   Industry Events

11 May Small Cells World Summit
12 May Mediaset Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Telefonica Deutschland Q1 2021
12 May NEC FY results
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May Lumentum fiscal Q3
12 May Airtel Africa Q1 2021
13 May Poly fiscal Q4
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Alibaba Group Q1
13 May BT FY results
13 May DZS investors day
14 May Japan Display FY results
14 May Digi Communications Q1 2021
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
14 May Telesat Q1
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May MTS Q1 2021
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May Google I/O
::: More Calendar Items