O2 (UK) cent share of Cellnet for £3.15 billion. Cellnet had five million customers at the time of its acquisition. The company was later rebranded as BT Cellnet , and it became a part of BT Wireless, a group of companies owned by BT. BT announced on 3 September 2001 that the BT Wireless business would be spun off from the main group as a newly listed holding company, mmO2 plc, operating under the "O2" brand. Shareholders approved the plan at an extraordinary general meeting on 23 October 2001. BT Cellnet relaunched as "O2" on 18 June 2002, along with other former
Downe Communications controlling interest in the company to Charter for approximately $9 million in 1978. The company name was changed to Charter Data Services (CDS). Downe Communications Downe Communications was a publishing company founded by Edward Downe, Jr. that produced several popular magazines and provided subscription fulfillment services from 1967 to 1978. Downe was a trained journalist who worked at newspapers before becoming a magazine editor. In 1966, Downe purchased Family Magazine, a newspaper insert similar to Parade Magazine. He founded Downe Communications the following year. The company acquired the Ladies' Home Journal and The American Home in 1968 from Curtis Publishing