|
Telefónica O2 Ireland
Telefónica Ireland was a internet access, broadband and telecommunications provider in Republic of Ireland, Ireland that traded under the O2 (brand), O2 brand (typeset as O2). O2 Ireland was previously called Esat Digifone when it was owned by BT Ireland, Esat Telecommunications (and Telenor) from 1997 to 2006. O2 Ireland became a subsidiary of Telefónica in 2006, after its parent company O2 (United Kingdom), O2 in the United Kingdom was purchased. In June 2013, Hutchison Whampoa announced it would acquire the Irish arm of O2 for €780m. O2 was merged into Hutchison Whampoa's subsidiary Three Ireland in March 2015. History 1997–2000: Origin In 1995 the 24th Government of Ireland, government, with Michael Lowry as Minister for Transport (Ireland), Minister for Transport, Energy and Communications, authorised a second mobile phone network, to compete with Eircell owned by the semi-state Telecom Éireann. The licence was awarded to Esat Digifone, a joint venture betwee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |