Hutchison Whampoa's plan to acquire O2 UK would benefit consumers by combining two operators that are focused on delivering consumer value, a spokesperson for the UK operator said.
Hutchison Whampoa faces a fight in its bid to acquire the UK mobile assets of Spanish incumbent Telefónica, with reports stating TalkTalk and BSkyB (Sky) are also circling O2 UK.
The Spice Girls may have waxed lyrical about two becoming one, but in Europe's mobile market many operators would be happy if four just became three. Indeed, the buzz around consolidation refuses to die down as we move further into 2015, and operators continue to believe that consolidation is necessary for their future survival.
Telefónica may have been offered a lifeline regarding its UK mobile operation by rival Three UK's parent company Hutchison Whampoa, as the Hong Kong-based company seeks to expand its European business.
BT's announcement this week that it has entered into exclusive negotiations with Deutsche Telekom and Orange over a potential acquisition of EE was generally given the thumbs up by analysts and industry players, although one question now being asked is what a successful deal might mean for rival mobile operator O2 UK and its parent company Telefónica.
Ofcom said Sharon White has been appointed as the new CEO of the UK communications regulator with effect from late March 2015, confirming previous reports.
BT has entered into exclusive negotiations with Orange and Deutsche Telekom regarding the sale of EE, ending weeks of speculation over whether the former UK incumbent would choose to buy, EE or its rival O2 UK. The purchase price of £12.5 billion (€15.7 billion/$19.6 billion) would be split equally between Orange and Deutsche Telekom.
Vodafone signed a global agreement with outdoor advertising company JCDecaux to deploy small cells on street furniture and billboards to further enhance its network performance.
Sharon White, the first woman to be appointed as a permanent secretary at the UK Treasury, is tipped to be in line to replace Ed Richards at the helm of UK communications regulator Ofcom.
Three UK said 3.1 million customers are now using its LTE services, representing more than a third of its total customer base of 8 million users.