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EU approves Three O2 takeover

Mobile phone giant Three has been given EU clearance for its 1 billion dollar takeover of O2 Ireland...
TodayFM
TodayFM

11:25 AM - 28 May 2014



EU approves Three O2 takeover

News

EU approves Three O2 takeover

TodayFM
TodayFM

11:25 AM - 28 May 2014



Mobile phone giant Three has been given EU clearance for its 1 billion dollar takeover of O2 Ireland.

The deal will make the combined business the country's second largest mobile operator behind Vodafone.

A spokesperson for Three says it will give the firm the "scale and strength" to compete "aggressively" against Vodafone - and allow it to invest more in 4G technology.

Both O2 and Three say customers won't be affected by the takeover.

 



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