Telefónica has agreed to sell O2 UK to Hutchison Whampoa, owner of Three - subject to regulatory approval - in a £10.25bn deal, creating a 'super-carrier' with more customers than any other in the UK.
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Hutchison Whampoa, owner of Three, has confirmed that it is in exclusive talks with Telefónica to acquire O2 UK in a deal worth up to £10.25bn, which would create the UK's largest mobile carrier.
Just a few weeks after BT confirmed that it is in talks to acquire EE, the parent company of Three is said to be considering a £9bn bid to take over O2 from Spanish communications giant Telefónica.
Three has announced that it is extending its 'Feel At Home' inclusive international roaming to five more countries - France, Switzerland, Israel, Finland and Norway - bringing the total to sixteen.