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
United Aircraft Corporation 2018, a deal was approved by Russian President Vladimir Putin for the UAC to be acquired from the Federal Agency for State Property Management by Russian state-owned conglomerate Rostec with a turnover cost in excess of one billion rubles (US$15 million). This would result in the entire national aviation assets being put in the hands of Rostec, as Rostec also owns the helicopter monopoly Russian Helicopters and the engine monopoly United Engine Corporation. Rostec had stated it is willing to invest up to 40 billion rubles into the MC-21, taking some burden away from the federal budget. The transfer will