[Telefonica, the Spanish owner of O2 in the UK,
has confirmed that it is in talks
to merge the business with
the cable and broadband giant Virgin Media.
A combination of the two would
create a business with annual sales
of more than £11bn and tens
of millions of UK customers.
O2, which sponsors the England rugby team
and the music venues of that name,
boasts more than 34 million
connections to its network.
Apart from the core O2 brand,
it also partners with mobile
virtual network operators Sky Mobile - which
has common ownership with Sky News - giffgaff
and Lyca Mobile, as well as owning
half of Tesco Mobile.]
https://news.sky.com/story/why-o2-an...ction-11983086