Thursday, 7 March 2013

O2 Value down over €500m – Planning for Asset Sales?

O2 Value down over €500m – Planning for Asset Sales?

This week the news for O2 is not positive as Telef√≥nica reports at 27pc decline in profit and writes down value of stake in Ireland by €527m. Is this positioning the Irish operation for some non-core asset sales such as home and business broadband offers which would allow the business to re-focus on core mobile activities and build upon the rapid growth of Smart Phones.

Click link to see more about O2, Sky and Tesco