herald

Monday 18 December 2017

O2 mobile deal sealed

Telecoms

3 Ireland has legally completed the purchase of O2 Ireland for €780m.

The deal, which has passed competition authority scrutiny, means that the new operator has 37pc of the Irish mobile telecoms market. It also opens the door for a change in branding to several iconic Irish businesses, including the Point Depot Theatre.

"This is a big day for the Irish telecoms market," said 3 Ireland's chief executive, Robert Finnegan. "We will now get down to the task of combining the strengths and talents of the two businesses to create a major force in the Irish mobile market."

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