Owner of Three looking to buy the O2 network

Owner of Three looking to buy the O2 network

Assessment

Interactive Video

Business

University

Hard

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The video introduces Mr. Lee Cushing, a Chinese billionaire known for his successful business ventures. It highlights his plan to acquire the UK's O2 network through his firm, Hutchinson Whampoa, for over £10 billion. This acquisition is set to make him a major player in the UK mobile market, surpassing competitors like EE. The video discusses the implications of this deal on market competition and consumer behavior, emphasizing the importance of maintaining competitive pricing and attracting new customers. Mr. Lee's long-term investment strategy is also explored, noting his existing investments in UK goods and services.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant acquisition is Mr. Lee Cushing planning?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Mr. Lee Cushing approach his business investments?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What market share do O2 and Three expect to control after their deal?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns arise from the reduction of firms in the mobile market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What types of investments does Mr. Lee already make in the UK?

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