It was discussed earlier last week that the UK Network Three (which is owned by the Hong Kong company Hutchison Whampoa) were in discussions to buy O2 in Ireland from parent company Telefonica. Following those discussions it would seem that the deal has been done pending regulatory approvals.
The deal which is worth €850m ($1.1bn)(£724m) is said to give Three 37.5% of Ireland’s mobile network. Add that to the deals that Three already have with Vodafone Ireland in Roaming and Infrastructure for 4G rollout and GSM / EDGE failover then you have yourself a rather large part of Ireland.
This of course will see the end of the O2 brand in Ireland completely as Three have signaled intent to change the branding to Three (which makes perfect sense) and will likely see Ireland get its first All You Can Eat Data network.