Three Ireland completes acquisition of O2

Three Ireland has today completed the acquisition of O2 in Ireland, which was previously owned by Telefonica, it said in a statement.

15th July, 2014
Three Ireland is paying €780m for O2.

Three Ireland has today completed the acquisition of O2 in Ireland, which was previously owned by Telefonica, it said in a statement.

Three, which is owned by Hong Kong based giant Hutchison Whampoa, announced in June 2013 that it had entered into an agreement with Telefónica to buy O2 in Ireland for €780m. A further additional deferred payment of €70m is payable dependent upon achievement of agreed financial targets.

The completion of...

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