O2
8th January 2015
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O2 is the commercial brand of Telefónica UK Limited and is a leading digital communications company with the highest customer satisfaction for any mobile provider according to Ofcom. With over 23 million customers, O2 runs 2G, 3G and 4G networks across the UK, as well as operating O2 Wifi and owning half of Tesco Mobile. O2 has over 450 retail stores and sponsors The O2, O2 Academy venues and the England rugby team. O2 was formed in 1985 as Cellnet, a 60:40 joint venture between BT Group and Securicor. In 2005, it was acquired by Spanish telecommunications company Telefónica for £18 billion. In November 2014, shares in BT rose considerably on the announcement that the company was in talks to buy back the 02 brand for £6 billion.
