Telefónica Germany

Telefónica additionally took over O2's subsidiaries in Great Britain and Ireland for a total of £17.7 billion as part of its expansion strategy into Europe.

The IPO would involve the sale of a minority stake (23%) of the subsidiary on the 30 October, 2012, prior to which point they had proceeded through a change in legal form.

In July of the same year, media reports stated that the company had proposed a merger with its rival, E-Plus, a German subsidiary of Royal KPN NV.

[9][10] The planned merger initially received resistance from a minority shareholder of E-Plus, America Movil SAB, but this was overcome in August 2013.

[11] In mid-2014, the European Commission approved the sale of Dutch telco provider KPN's German subsidiary, E-Plus, subject to certain requirements being met.

[14][15] In September 2014, Telefónica Germany announced the sale of €3.62 billion in new stock to help finance the acquisition of its competitor E-Plus from KPN.

[18] Telefónica Germany operates second, third and fourth generation mobile networks, allowing customers to use GPRS, EDGE, UMTS up to HSPA+ and LTE for data connections.

[19] Also, Telefónica Germany offers hosting services for large and midsized companies, serving some well-known portals including Spiegel Online and Sevenload.

[citation needed] In December 2019 the company announced the rollout of the 5G Network, starting with Berlin, Hamburg, Munich, Cologne, and Frankfurt.