M&A Deal Summary

Hutchison 3G Ireland Acquires Telefonica O2 Ireland

On June 24, 2013, Hutchison 3G Ireland acquired communications company Telefonica O2 Ireland from Telefonica for 780M EUR

Acquisition Highlights
  • This is Hutchison 3G Ireland’s 1st transaction in the Communications sector.
  • This is Hutchison 3G Ireland’s 0th largest (disclosed) transaction.
  • This is Hutchison 3G Ireland’s 1st transaction in Ireland.

M&A Deal Summary
Date 2013-06-24
Target Telefonica O2 Ireland
Sector Communications
Buyer(s) Hutchison 3G Ireland
Sellers(s) Telefonica
Deal Type Divestiture
Deal Value 780M EUR

Target

Telefonica O2 Ireland

Dublin,, Ireland
O2 is a communications company with over 1.5 million customers, as of December 2013. O2 runs 2G and 3G networks in Ireland, as well as owning half of Tesco Mobile and providing network services for 48.

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Buyer(S) 1

Buyer

Hutchison 3G Ireland

Dublin, Ireland
Category Company
Founded 1999
Sector Communications
DESCRIPTION

Three shook up a stale and uncompetitive market with our great value price plans and services. Today, the Irish mobile market is a very different place, thanks to Three. We have a track record of firsts for consumers – we brought Skype to mobile first, even introduced a Skypephone; we were first to launch mobile broadband, first to introduce innovative price plans like FlexiFix and of course, we brought you “All You Can Eat Data” before any other operator.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
Country (Ireland) 1 of 1
Year (2013) 1 of 1

Seller(S) 1

SELLER

Telefonica

Madrid, Spain
Category Company
Founded 1924
Sector Communications
Employees104,142
Revenue 40.7B EUR (2023)
DESCRIPTION

Telefonica is a telecommunications group that provides fixed and mobile telephony services through networks in Spain, Europe, and Latin America. Telefonica was founded in 1924 and is based in Madrid, Spain.

DEAL STATS #
Overall 5 of 14
Sector (Communications) 3 of 9
Type (Divestiture) 5 of 13
Country (Ireland) 1 of 1
Year (2013) 2 of 2
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 O2 Czech Republic

Prague, Czech Republic

O2 Czech Republic is a telecommunications operator. It provides voice, internet and data services to a full range of customers: households, SMEs, large corporations, and government. O2 Czech Republic was founded in 2006 and is based in Prague, Czech Republic.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-19 Global Village Telecom SA

Curitiba, Brazil

Global Village Telecom SA (GVT) is a provider of telecommunications services in Brazil. It provides landline telephone service and broadband connectivity to both consumers and businesses.

Buy €7.2B
Mergr

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