0
Wireless

O2 UK considers selling shares to customers

Sunday 2 October 2016 | 21:49 CET | News
O2 UK is preparing to sell shares to millions of retail investors as part of a planned GBP 10 billion flotation. In an interview with the Sunday Telegraph, O2 UK CEO Mark Evans said there was the possibility of some sort of retail offer to sell shares to 'as many people as are interested'. He said that O2 had 25 million customers in the UK and could expect reasonable demand for its shares. The company is understood to be working with intermediary stock brokers on plans to sell shares to customers, rather than opening the float direct to everyone. Evans said that O2 was looking to be 'ready as

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: O2 / O2 UK / Telefonica
Countries: United Kingdom
::: add a comment

Add 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

O2 UK grows postpaid base, service revenue stable in Q3

Published 27 Oct 2016 12:13 CET | United Kingdom
O2 UK's postpaid customer base grew by 10 percent in the third quarter thanks largely to the popularity of SIM-only tariffs and a ...

Telefonica abandons EUR 1.5 bln Telxius IPO on weak demand

Published 30 Sep 2016 08:25 CET | World
Telefonica has cancelled its planned initial public offering of infrastructure unit Telxius, citing weak investor demand. The ...

Telefonica to reduce share capital by 1.5%

Published 29 Sep 2016 09:05 CET | Spain
Telefonica has announced its decision to proceed with the cancellation of shares equivalent to 1.5 percent of its capital. In a ...

Telefonica preparing to list 30% of O2 UK this year - report

Published 28 Sep 2016 15:40 CET | United Kingdom
Telefonica is preparing to list around 30 percent of its O2 UK unit this year, according to unnamed sources cited by Reuters. The ...

Telefonica hires advisers for O2 UK IPO

Published 26 Sep 2016 12:21 CET | United Kingdom
Telefonica has hired advisers to move ahead with a proposed IPO of its unit O2 UK, The Telegraph reports. The Spanish operator ...

O2 UK reshuffles top management

Published 21 Sep 2016 09:17 CET | United Kingdom
O2 UK announced further changes to its top management, after the appointment in June of Mark Evans as CEO. Evans will be replaced ...

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 ...





Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items