Spain’s Telefonica said it will sell British telecom giant O2 to Hong Kong group Hutchison Whampoa for £10 billion in a deal that could create Britain’s biggest mobile phone firm. (Photograph: JOHN D MCHUGH/AFP/Getty Images)

Li Ka-shing’s Hutchison Whampoa agreed to acquire Telefonica SA’s O2 unit, creating the UK’s biggest wireless provider by customers and marking a mil(...)

Telefonica reported a 36 per cent decline in fourth-quarter operating profit after writing down the value of its Venezuelan business to account for lower exchange rates.  Photo: Reuters

Telefonica reported a 36 per cent decline in fourth-quarter operating profit after writing down the value of its Venezuelan business to account for lo(...)

 Li Ka-shing: a week before his interest in O2 was revealed, his Hutchison Whampoa conglomerate added to its portfolio of UK holdings with a £2.5 billion takeover of Eversholt Rail.  Photograph: Alex Hofford/EPA

If Li Ka-shing pulls off his £10-billion-plus bid for Britain’s largest mobile phone operator, O2, it will be the legendary Hong Kong investor’s bigge(...)

Billionaire Li Ka-shing, chairman of Cheung Kong Holdings Ltd. and Hutchison Whampoa Ltd., is increasingly looking to invest in Europe. (Photograph: Tomohiro Ohsumi/Bloomberg)

When a great investor speaks, it’s best to keep an eye on the direction of his feet as well as his mouth.Li Ka-shing has pooh-poohed the notion that h(...)

Traders work at their screens in front of the German share price index DAX board at the stock exchange in Frankfurt yesterday. Photograph: Pawel Kopczynski/Reuters

Markets rose amid hopes that the European Central Bank’s (ECB) €1.14 trillion stimulus plans will spark economic growth in the region.Analysts said t(...)

Hutchison Whampoa has agreed to buy Telefonica’s British mobile unit O2 for up to £10.25 billion

Li Ka-shing’s Hutchison Whampoa has agreed to buy Telefonica’s British mobile unit O2 for up to £10.25 billion, as Asia’s richest man makes his bolde(...)

There was an interim, pre-smartphone stage when people began organising their social lives via Facebook, using a quaint interface known as a web brows er

Farewell, then, to O2. Over the coming months it is becoming Three. “As an O2 customer, the only changes you will see is the Three logo replacing the (...)

Sky and Telefónica are said to have been talking since late 2014

Sky has approached Telefónica about a possible alliance with the Spanish telecoms group’s British mobile phone business, a move that would push the sa(...)

“BT have done a fantastic job in the last five years,” a telecoms industry executive said about the group which was still on its knees in 2008 and 2009 with two major profit warnings

BT’s move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services c(...)

Hutchison Whampoa Europe Investments Sarl provides finance to Hutchison 3G UK Holdings Ltd, owner of the 3 mobile network, which sponsors Ireland’s rugby team. Photograph: Dan Sheridan/Inpho

A Luxembourg company that provides indirect financial support to 3 Ireland, is among the latest batch of entities found to be availing of secret ta(...)