Offload rumours prompt flurry of activity...<BR>
By Aled Herbert, 11 June 2002 08:15
NEWS Shares in mmO2 were traded in huge volumes yesterday following rumours that it was about to offload its loss-making Dutch and German operations. The former BT subsidiary's stock price ended trading up 1.75p at 39.5p as more than 66 million shares exchanged hands. However, the company said it was committed to developing its Dutch and German units, which last year reported losses of £51m and £166m respectively, reports the Daily Telegraph.
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