Mobile phone firm sells Dutch subsidiary

UK mobile phone firm mmO2 today announced the sale of its Dutch subsidiary O2 Netherlands to private equity firm Greenfield Capital Partners for €25m.

UK mobile phone firm mmO2 today announced the sale of its Dutch subsidiary O2 Netherlands to private equity firm Greenfield Capital Partners for €25m.

As it revealed the decision to withdraw from one of its four operating countries, the former BT Cellnet business said proceeds from the sale would be pumped back into the business.

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