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- MW Team
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Thursday, 01 November 2007 |
O2 has decided to give up its mobile
devices business in Asia and a management
buyout has been agreed. Telefónica O2 Europe, O2 Asia’s European parent, decided
that its device business in Asia, which is based in Singapore, was a non core asset
following a strategic review. The current management team in Asia has
established a company that will be known as Mobile
and Wireless Group (MWG) and based in Singapore.
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