Sunday, May 1, 2016

Li Ka shing to buy United Kingdom telecommunications company being United Kingdom

Li Ka-shing to buy United Kingdom telecommunications company being United Kingdom official requests blocked

  Li Ka-Shing in the British acquisition of concern there has been recent progress, on February 1, the United Kingdom Office of communications Chief Executive Officer Shalun·huaite urged EU antitrust regulators to block the deal. She pointed out that in countries where only three mobile operators, mobile phone service prices rose one-fifth, Supreme, she expressed concern that the merger would enable United Kingdom users ' phone bills soared, entities may also fight against rival retailers, disrupt existing network arrangements.

  "Richest man in Chinese" Li Ka-shing's business empire, has been moved to the West in recent years. In January 2015, the company owned by Li Ka-shing, Hutchison said, the company will spend about £ 10.25 billion (about 95.6 billion yuan) for United Kingdom's second largest mobile telecom operator O2 UK.

  O2 UK was founded in 2002, in 2006, Spain telecommunications for 18 billion pounds takeover. According to the financial times of London reported, after the transaction is completed, O2 UK and Hutchison's "Three mobile company" merging the United Kingdom's largest telecommunications group, 41% of the market share. But in November 2015, European Union antitrust regulators on Telefonica SA United Kingdom mobile operator O2 UK equity sold to Hutchison Whampoa's antitrust investigation of the trading scheme.

  This long and said, "3+O2," after the merger, in five years ' time, customers will pay less for more telecommunications services.

  February 4, Li Ka-Shing of Yangtze River and remember industrial on made commitment: in future five years, "3+O2" will in United Kingdom of telecommunications business investment 5 billion pounds; in merged Hou five years within never improve voice, and SMS or data price; "3+O2" will through transfer network capacity in the small shared interests, makes other United Kingdom telecommunications market of competition opponents can in fair competition of environment Xia provides service.

[Article correction]

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