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
Kerala State Film Development Corporation which its management was handed over to the Kerala State Chalachitra Academy. KSFDC is the founder of the Chithranjali Studio. KSFDC owns a cinema exhibition network of ten theatres across Kerala. KSFDC also works as a production agency which makes public interest documentary films and short films for the Government of Kerala. A digital post processing studio owned by the KSFDC. KSFDC owns an exhibition network of 17 cinemas in Kerala namely: Kerala State Film Development Corporation Kerala State Film Development Corporation (abbreviated as KSFDC), is an organization founded by the Government of Kerala, India for promoting the film market