Buy your O2 stock! It’s official!

o2According to Forbes as well as various other sources, O2 has announced that it will become the exclusive provider of the iPhone in the United Kingdom. Taking a deeper look, O2’s network is 3G with no EDGE support. Could a 3g iPhone be closer than we imagined?

MADRID (Thomson Financial) – Telefonica SA‘s O2 mobile phone unit has reached an agreement to become the exclusive network partner for Apple Inc’s iPhone in the UK, Negocio reported, citing unnamed sources close to the agreement.

Telefonica (nyse: TEF news people ) will invest around 178 mln stg to launch the phone in Britain and will begin sales ‘shortly’, the newspaper said.

According to a report in the Financial Times last week, Apple (nasdaq: AAPL news people ) will limit iPhone’s European launch this autumn to the UK, France and Germany and follow in other parts of Europe next year, when it will also launch in Asia.


One Response

  1. Do you know how old O2’s 2G GSM network is?

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