O2 Value down over €500m – Planning for Asset Sales?
This week the news for O2 is not positive as Telefónica 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.
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