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
Mobal Communications Mobal Communications Mobal Communications is a telecommunications company that provides international cell phone and satellite phone service. The United Kingdom and Japan divisions are named Mobell Communications. The company was founded by current chairman Tony Smith. Mobal (under the name Mobell) was created in the mid 1980s from a UK company called Torrent. Torrent was an industrial tool rental company serving the construction industry. When cellular phones first became commercially available Mobal started renting these to construction companies to use on work sites. The company subsequently sold off the tool rental business, and form a new company solely renting cell