Three buys O2 Ireland in $1.1bn mobile grab

O2 Ireland has been sold to Three parent Hutchison Whampoa Group, in an €850m ($1.1bn) deal that will see Three surge in subscribers to around 2m active users. O2 Ireland parent Telefonica described the deal as part of its “proactive management” [pdf link] of its portfolio, with the payment used to offset the carrier’s financial

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