The British company, Hutchison Whampoa, which owns the UK carrier Three "3", is considering a purchase of Telefonica's carrier O2 UK for around 9 billion pounds which is about $13.6 billion, according to a report from The Sunday Times, which also notes that talks are at an early stage, and nothing is yet confirmed.
A deal makes sense for both companies given that Hutchison is looking to expand in Europe, while Telefonica is in need of cash to help pay down its debts. The latter even came close to selling O2 UK to BT last year, but the deal didn't go through as the telecommunications giant eventually agreed to acquire EE.
In addition, Three's acquisition of O2 would also make it the biggest carrier in the UK it is currently the fourth largest network in the country. However, any such deal between the two could cause regulatory concerns as it would bring down the number of major mobile operators in the UK from four to three.
XDA Forums is known for its huge numbers of custom ROMs and Apps for Android. XDA just announced that Google is going to acquire them.... Here's the forums official statement: "We are delighted to announce that starting on April 20th, a finalized deal with Google will make XDA Developers a software development division for the beloved search giant. This exciting transition will start as early as next week, where new XDA Talent Scouts from Google will browse our forums and reward the best contributors and offer them software development or design positions as well. A new set of XDA Forum Moderators from Google's Legal Department will also make sure that the new policies that arise from the acquisition are met."
Of course this is more of a wish than an April's fool !
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