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Telefonica confirms O2 UK IPO under consideration

Monday 5 September 2016 | 16:04 CET | News
Telefonica has confirmed that a stock market listing is among the options under consideration for its unit O2 UK. Following a number of media reports suggesting an IPO was in the works, Telefonica issued a statement saying it's considering various strategic options, all of which would involve the Spanish operator maintaining a majority stake in the UK company. These options include, among others, a potential initial public offering, and preparatory work in connection with the options has started. Further details were not provided.

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Categories: Mobile & Wireless
Companies: O2 UK / Telefonica
Countries: United Kingdom
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