Tuesday, June 20, 2006

Telefónica Buys Be

Ray Le Maistre writes on Light Reading:

Telefónica SA has spent £50 million (US$92 million) on a British broadband service provider to add to last year's $31.4 billion acquisition of mobile operator O2 plc.

The acquisition, of broadband newcomer Be Un Limited , will help O2 keep pace with the combined fixed/mobile service plans of its main British mobile competitors.

More here.

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