0
Wireless

Telefonica hires advisers for O2 UK IPO

Monday 26 September 2016 | 12:21 CET | News
Telefonica has hired advisers to move ahead with a proposed IPO of its unit O2 UK, The Telegraph reports. The Spanish operator confirmed earlier this month that it's considering listing the British operator, after the planned sale of O2 to 3 UK was blocked by the European Commission. According to the Telegraph's sources, Telefonica has hired Barclays, UBS and Morgan Stanley, and a fourth bank is expected to be added. Marketing agency Finsbury will handle the public relations, the company confirmed. The IPO is expected to take place earlier next year, the report said, with Telefonica

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 / European Commission / European Commission / Morgan Stanley / 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

Hutchison wins appeal against EU decision blocking O2-3 UK merger

Published 28 May 2020 12:25 CET | United Kingdom
The EU's Court of Justice has overturned the European Commission's decision to block the merger of O2 UK and 3 UK in 2016. ...

O2 IPO by summer depends on auction details - report

Published 24 Feb 2017 08:34 CET | United Kingdom
O2 UK may go ahead with an IPO before this summer if rules for the next spectrum auction prove favourable, the Daily Telegraph ...

'Telefonica wacht met verkoop aandeel O2'

Published 02 Feb 2017 12:43 CET | United Kingdom
Telefonica heeft zijn plannen voor de verkoop van zijn minderheidsbelang in de Britse provider O2 in de ijskast gezet vanwege ...

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 ...

O2 UK considers selling shares to customers

Published 02 Oct 2016 21:49 CET | United Kingdom
O2 UK is preparing to sell shares to millions of retail investors as part of a planned GBP 10 billion flotation. In an interview ...

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 to raise up to EUR 1.5 billion in Telxius IPO

Published 20 Sep 2016 17:47 CET | Spain
Telefonica has launched the initial public offering for its infrastructure company Telxius and looks to raise up to EUR 1.5 ...

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

11 May United Internet Q1 2021
11 May Softbank FY results
11 May Vizio Q1 2021
11 May Allot Q1 2021
11 May Telefonica Brasil Q1 2021
11 May Sonim Q1 2021
11 May Magyar Telekom Q1 2021
11 May Radcom Q1 2021
11 May Lattice Semiconductor investor day
11 May Small Cells World Summit
12 May BT FY results
12 May Airtel Africa Q1 2021
12 May Mediaset Q1 2021
12 May Telefonica Deutschland Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Lumentum fiscal Q3
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May NEC FY results
13 May Alibaba Group Q1
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Poly fiscal Q4
13 May DZS investors day
14 May Digi Communications Q1 2021
14 May Japan Display FY results
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
17 May World Telecommunication and Information Society Day
::: More Calendar Items