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Three To Buy O2 For GBP10bn

Mobile network Three is set to acquire its rival O2 for more than £10bn in a deal which consumer groups fear could increase prices. The merger will catapult Hutchison from Britain’s smallest network operator to its largest. Three’s 7.5 million customer base will swell to 31.5 million and the number of mobile network owners in the UK will fall from four to three.

Read the whole story at The Guardian »

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