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.More here.
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.
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