Telefónica Europe business was rebranded to 'O2 Online' which continues in the UK as a mobile communications service provider tied to the O2 UK network. The Genie portal properties were rebranded O2 Active in UK, Germany, Ireland and the Netherlands, and Genie Asia became O2 Asia. O2 Asia became a subsidiary of O2 UK for governance purposes. On 31 October 2005, O2 agreed to be taken over by Telefónica, a Spanish telecommunications company, with a cash offer of £17.7 billion, or £2 per share. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom,
Communications Technology Satellite provided a satellite uplink truck for access to the CTS satellite. The piece was produced in two parts, "Phase I", which was a critique of satellite technology and whether it would become accessible to the public rather than the commercial & military purposes for the technology at that time, using feeds sent over the satellite by the artist and other participants, and "Phase II", which featured excerpts of the feeds sent. Communications Technology Satellite The Communications Technology Satellite, also known as Hermes, was an experimental high-power direct broadcast communications satellite. It was a joint effort of Canada's Department of Communications,