O2 (UK) telephone line and broadband business of Telefónica UK, trading under the O2 and Be brands. The company agreed to pay £180 million initially, followed by a further £20 million after all customers had been transferred to Sky's existing business. The sale was subject to regulatory approval in April 2013, and was subsequently approved by the Office of Fair Trading on 16 May 2013. O2 began trialling a Near Field Communication (NFC) payment system in 2007. In 2009, O2 was in discussions with large retailers, such as Tesco and W. H. Smith, for the deployment of the necessary electronic point of
O2 Racing Technology running of the event. The appeal of the penalties were later denied in July 2011. The issues with Olson and Indycar were resolved in late 2013. O2 Racing Technology O2 Racing Technology (also known as Genoa Racing) was an American auto racing team owned by Mark Olson that competed in the Indy Lights series. The team ran the No. 36 and 63 entries in the Indy Lights series for 2011 with Peter Dempsey and Mikaël Grenier. They were suspended from Indy Lights along with owner Mark Olson until the end of 2012 over issues with the David Hobbs 100 at