Telefonica O2 UK Ltd v British Telecommunications plc applied an extreme precautionary principle to a dynamic and competitive market, at odds with the Directives’ market-oriented and permissive approach. Lord Neuberger, Lord Mance, Lord Toulson and Lord Hodge agreed. Telefonica O2 UK Ltd v British Telecommunications plc Telefonica O2 UK Ltd v British Telecommunications plc [2014] UKSC 42 is a UK enterprise law, concerning telecommunications. Telefonica O2 UK Ltd argued that BT’s charges for connections and terminations were unlawful. BT’s Standard Interconnect Agreement was varied unilaterally in 2009 to change termination charges for 08 numbers, subject to a mobile operator’s right to object, and dispute resolution by Ofcom (unless
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