UK's Virgin Media 02 won't bring back roaming charges Britain's Virgin Media O2 said today it would not reintroduce roaming charges in Europe, unlike its three major rivals which are bringing back the fees … Business • 10 Jan 22
Telefonica cuts debt by €200m after selling stake Spanish telecom operator Telefonica said it would cut its debt by €200 million after selling a controlling stake in its optic fibre network in Colombia … Business • 19 Jul 21
Telefonica Q1 earnings steady on economic recovery Spanish telecoms group Telefonica has today posted first-quarter core earnings broadly in line with forecasts thanks to reduced operating expenses and a partial economic recovery … Business • 13 May 21
Telefonica sells mobile phone masts to American Towers Spanish telecom company Telefonica has agreed to sell its mobile phone masts owned by its Telxius division in Europe and Latin America to American Towers … Business • 13 Jan 21
Virgin Media-O2 merger to get in-depth investigation Britain today said it had referred the merger between broadband company Virgin Media and Telefonica's UK mobile network O2 to an in-depth competition investigation. Business • 11 Dec 20
Telefonica to merge UK unit O2 with Virgin Media Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal including debt that will step up the challenge to … Business • 07 May 20
Germany makes €5 billion in auction of frequencies Germany raised €5.1 billion in a new auction of radio frequencies for mobile phone network operators, the telecoms regulator said today. Business • 19 Jun 15
Telefonica first quarter profit jumps on O2 sale Spain's Telefonica today said its net profit more than doubled in the first quarter thanks to a one-off financial boost from the sale of its … Business • 14 May 15
Telefonica, Hutchison finalise sale of O2 Britain Spain's Telefonica said it had finalised a deal to sell its British mobile business O2 to Three Mobile’s parent company Hutchison Whampoa for £10.25bn, confirming … Business • 24 Mar 15
Telefonica's 2014 net profits slump 35% Telefonica said today it expected revenue to grow by more than 7% this year as it reported a 19% drop in 2014 operating income. Business • 25 Feb 15
BT may offer €6 billion plus shares for O2 BT Group could offer at least €6 billion to Spanish peer Telefonica on top of a 20% stake in its share capital for the O2 … Business • 25 Nov 14
Telefonica in talks to sell O2 to BT Britain's BT Group is in early stage talks with Spain's Telefonica on a deal to buy UK mobile operator O2. Business • 24 Nov 14
Telefonica seeing stronger turnaround Spain's Telefonica today posted falling revenue and profit in the first nine months of the year. Business • 12 Nov 14
EU gives green light for Telefonica's E-Plus deal Spain's Telefonica won EU competition clearance for its €8.6 billion takeover of KPN's German mobile arm. Business • 02 Jul 14
EU set to clear Hutchison, O2 Ireland deal EU competition regulators are poised to clear Hutchison Whampoa's $1 billion bid for O2 Ireland as soon as it signs a deal with a Liberty … Business • 16 May 14
Telefonica profit hit by currencies, asset sales Telefonica said its first-quarter net profit fell 23.2% to €692m as it was hit by weaker currencies in Latin America and the sale of its … Business • 09 May 14
Telefonica's nine month profits down by 9% Spanish telecom group Telefonica today posted a 9% drop in net profits for the first nine months of the year. Business • 08 Nov 13
EU regulators to investigate Hutchison, O2 deal European competition regulators will investigate whether Hutchison Whampoa's €780m bid for Telefonica's unit in Ireland will reduce competition in the mobile market here. Business • 07 Nov 13
Three seals €780m deal for O2 Ireland Three has bought Telefonica's Irish arm - the mobile operator O2 - for €780m. Business • 24 Jun 13
Telefonica revenues drop as debt rises Revenue dropped 9% at Telefonica in the first quarter, hit by unfavourable exchange rates in Latin America and weakness in Europe. Business • 08 May 13
Sky buys O2's broadband accounts in the UK Sky is to become the UK's second-largest broadband provider after agreeing a deal today to buy rival O2's half a million customer accounts. Business • 01 Mar 13
Telefonica's profit falls 27% on write-offs Spanish telephone company Telefonica said its net profit last year plunged 27.3% to €3.9 billion, driven lower by a series of write-offs. Business • 28 Feb 13