O2 (UK) billion (£2 per share) in cash. It went through finally in 2006. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom, keeping both the brand and the management team. The merger became unconditional on 23 January 2006. Following the acquisition of O2, Telefónica undertook a corporate organisational change that saw the merging of its fixed and mobile businesses in Spain, and the transfer of Telefónica's non-Spanish European telecommunications properties into the O2 brand. Thus, the Český Telecom and Eurotel operations in the Czech Republic as well as the Telefónica Deutschland business
Kenya Posts and Telecommunications Corporation Kenya Posts and Telecommunications Corporation Kenya Posts and Telecommunications Corporation (KPTC) was a government company that provided telecommunication and postal services across Kenya. In 1999, the KPTC was separated into three separate entities - Telkom Kenya, Kenya Postal Corporation and the Communication Commission of Kenya,(CCK) the licensing and regulatory authority of the government. From 1948 to 1977, postal service in Kenya, Tanzania and Uganda was provided by the East African Posts and Telecommunications Corporation. The dissolution of the first East African Community since that era forced Kenya to establish its own monopoly communications company, KPTC. New government economic policies in