O2 closes franchise stores programme

Franchise stores to be taken over by O2 The majority of O2 independent franchised business stores are to be taken over by O2 following a decision to cease its store franchise operation which has been running since 2005.      Most franchise stores will be taken over by O2 and the staff working in them

French billionaire takes 2.5 per cent stake in Vodafone

Xavier Niel wants to accelerate Vodafone’s cost cutting French billionaire Xavier Niel has his eye on a Vodafone takeover. Atlas Investissement an investment vehicle of telco mogul Xavier Niel, (above) has acquired a 2.5 per cent share holding in Vodafone Group. Niel is a recognised entrepreneur and major long-term investor in the telecoms sector across several European and African