O2/Three Merger Has Been Blocked

[Bambino]

It's not looking promising. Meeting is today.

http://www.ft.com/cms/s/0/7958a956-15f4-11e6-9d98-00386a18e39d.html#axzz48HBZG1Ua

Edit: News as of this morning: http://www.bbc.co.uk/news/business-36266924

[MI5]

You can kiss goodbye to o2 if it is blocked.....

[Bambino]

Looks as if another player is already interested in buying O2.

http://www.ft.com/cms/s/0/6d0da158-16c4-11e6-9d98-00386a18e39d.html#axzz48HBZG1Ua

And another slightly less reputable purchaser too.

http://www.theregister.co.uk/2016/05/09/o2_iliad_maybe/

[jonsie]

I think Telefonica may be desperate enough to sell to anyone.

[Curr946]

oh... I hope they are run correctly with whoever ends out with them.

[Cleoriff]

Certainly not looking good...though I can't see why it would be allowed with anyone else if not Three?

Oh wait....who has heard of the other interested parties...?

[MI5]

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@Cleoriff wrote:

though I can't see why it would be allowed with anyone else if not Three?

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Three want to merge two networks into one.

A buyout would still retain the same number of networks as current.

[Cleoriff]

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@MI5 wrote:

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@Cleoriff wrote:

though I can't see why it would be allowed with anyone else if not Three?

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Three want to merge two networks into one.

A buyout would still retain the same number of networks as current.

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Which is why I added the last 'sarcastic' sentence to my post...

[Curr946]

I think they are forgetting about the 3 big players in the VMN space. Tesco, Virgin and GiffGaff.... Come on, this reason for blocking it a pure cope out. Clearly someones not getting their belly scratched enough from 3.

[jonsie]

Well from the 1st June I won't need any of them...shame about Three, it could have been a great combined network.