Hutchison to Buy U.K. Mobile Network O2 for $15.3 Billion

Updated on

The O2 logo outside a mobile phone store in Colchester, U.K.

Photographer: Chris Ratcliffe/Bloomberg

Li Ka-shing’s Hutchison Whampoa Ltd. agreed to acquire Telefonica SA’s O2 unit, creating Britain's biggest wireless provider by customers and marking a milestone in the billionaire’s efforts to remake the Hong Kong conglomerate.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.