Hutchison Whampoa has agreed to acquire U.K. mobile operator O2 for a price that could top US$15 billion, giving a company that already owns one major carrier an even bigger share of the British market.
Hutchison Whampoa is in negotiations to acquire O2, a mobile operator in the U.K., leading to significant consolidation in the country's mobile services market.
A China backed telecommunications technology known as LTE TDD is being used to build new high-speed 4G (fourth generation) networks in Sweden and Denmark, highlighting the spread of the technology.
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