MOOvement

10 January 2003

The mobile operator is in talks with Vodafone, TMobile, and a third party to sell its Dutch operation. The Netherlands has been a burden on O2. The country is Europe’s most contested mobile market. Consolidation would be winwin all round.

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mmO2 is in talks to sell its Netherlands subsidiary, according to people familiar with the situation. The mobile operator has about 1.3 million subscribers in the Netherlands, giving it an 11% market share and making it the fourth operator in Europe's most crowded mobile market. O2 Netherlands made an ebitda loss of £9m in the six months to September. Of its Dutch competitors, Vodafone and TMobile are understood to be participating in the talks, together with an unidentified third party.

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