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Rumours fly over potential Airwave sale
The rumour wars have already begun with who could potentially be the next owner of the O2 Airwave business, following the announcement that Telefonica S.A. was looking to dispose of the company.
Potential bidders could be Macquarie, the Australian Bank, and in a recent press report, it was stated that the bank had expressed an interest. It perhaps comes as no surprise, since the bankis already the largest shareholder with Arqiva, which provides support to the emergency services for the running of the Airwave network.
At the time of writing, we were unable to acertain of any trade bidders, however, it is likely that other specialist infrastructure funds will bid. The real question is however, what impact it will have on the safety and reliability of the network.
