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Wireless

Telefonica delays O2 UK IPO amid currency uncertainty

Thursday 27 October 2016 | 12:46 CET | News
Telefonica will wait until 2017 before deciding whether to go ahead with an IPO of its British mobile business, according to Mark Evans, chief executive of O2 UK. While the Spanish group would welcome an opportunity to lower its debt, the recent sharp decline in the value of the pound has cast uncertainty over such a plan, he said, according to the Guardian.

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