Telefonica selling 02 Ireland to Irish rival

Monday, June 24, 2013 - 09:31 in Mathematics & Economics

Spain's debt-burdened Telefonica said Monday it is selling its 02 Ireland unit to Hutchison Whampoa in a potential 850 million euro ($1.1 billion) deal that would create a larger rival to Vodafone in Ireland's cellphone-hungry market.

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