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
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