O2 (UK) telephone line and broadband business of Telefónica UK, trading under the O2 and Be brands. The company agreed to pay £180 million initially, followed by a further £20 million after all customers had been transferred to Sky's existing business. The sale was subject to regulatory approval in April 2013, and was subsequently approved by the Office of Fair Trading on 16 May 2013. O2 began trialling a Near Field Communication (NFC) payment system in 2007. In 2009, O2 was in discussions with large retailers, such as Tesco and W. H. Smith, for the deployment of the necessary electronic point of
The O2 sound and security technology, including RFID smart card tagging of staff and VIP guests, and digitally managed sound. There are four computer server rooms to provide this technology. The complex is also covered by CCTV and security personnel. Arena visitors and their bags are screened with X-ray machines and metal detectors at the main entrance. The O2 Arena (referred to as the North Greenwich Arena for the 2012 Summer Olympics and Paralympics) is a 20,000 capacity venue, primarily used for live music. It is located at the centre of The O2 and is the first American-style, multi-purpose arena in London.