Telefónica Europe business was rebranded to 'O2 Online' which continues in the UK as a mobile communications service provider tied to the O2 UK network. The Genie portal properties were rebranded O2 Active in UK, Germany, Ireland and the Netherlands, and Genie Asia became O2 Asia. O2 Asia became a subsidiary of O2 UK for governance purposes. On 31 October 2005, O2 agreed to be taken over by Telefónica, a Spanish telecommunications company, with a cash offer of £17.7 billion, or £2 per share. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom,
O2 (Ireland) also run the network operations for Three Ireland"). The Network team outsource was limited to the Field Operations team along with some other support functions. The Network rollout team & Transmission team remained in-house to facilitate future network changes. It was more cost effective to retain these divisions in-house. In 2006 O2 chose Irish Autism Action as their charity of choice. The three-year deal involved sponsorship, creating awareness, using O2 staff to assist the charity and using technology developed by O2 to assist children affected by autism. In 2010, the company's charity of choice became Headstrong, a charity providing mental