O2 (UK) in Germany were brought under the control of O2, which retained its UK-registered public company status with its own board of directors and corporate structures and processes. Telefónica chose to keep its existing mobile phone operations in the rest of the world under the brand Movistar. This name is used in Spain and in most of the Latin American countries, operated by a separate management team. On 15 July 2009, O2 entered the financial services industry with the launch of O2 Money, which was the first step in the process of incorporating financial services into mobile phones. Future plans included
Korea Tobacco & Ginseng Corporation Korea Tobacco & Ginseng Corporation KT&G (originally "Korea Tobacco & Ginseng" and later "Korea Tomorrow & Global Corporation", Korean : 한국담배인삼공사, Hanguk Dambae Insam Gongsa, ) is the leading tobacco company in South Korea with annual sales over $4 billion USD. KT&G was originally a government-owned monopoly but was privatized and today is publicly traded, competing for market share with other international tobacco firms such as Philip Morris International, British American Tobacco, and Japan Tobacco. KT&G’s sales volume share was 62% of the Korean market in 2009. KT&G produces popular Korean cigarette brands such as: The One, Indigo, Arirang, This,