O2 (Ireland) fixed line and mobile services are branded as movistar. In January 2009, it was revealed that Ireland was nearly the most profitable market in the world for multinational mobile operators like O2. On 23 March 2009 Vodafone and O2's parent company Telefónica announced a deal to share their existing networks in Ireland and rollout future infrastructure jointly. On 6 April 2011 it was announced that Telefónica O2 Ireland and Eircom had agreed a new network sharing partnership. On 24 June 2013, it was announced that Hutchison Whampoa would acquire Telefónica's Irish mobile operations for €780 million, to be merged into
United Aircraft Corporation 2018, a deal was approved by Russian President Vladimir Putin for the UAC to be acquired from the Federal Agency for State Property Management by Russian state-owned conglomerate Rostec with a turnover cost in excess of one billion rubles (US$15 million). This would result in the entire national aviation assets being put in the hands of Rostec, as Rostec also owns the helicopter monopoly Russian Helicopters and the engine monopoly United Engine Corporation. Rostec had stated it is willing to invest up to 40 billion rubles into the MC-21, taking some burden away from the federal budget. The transfer will