(Reuters) - British mobile operator O2, which is owned by Spain’s Telefonica (TEF.MC), is putting its 10 billion pound ($13 billion)initial public offering plans on hold, the Press Association reported on Monday.
Britain’s second-largest mobile operator had been expected to list on the London Stock Exchange this year, but is postponing the float amid market uncertainty until after Brexit, according to the report.
($1 = 0.7698 pounds)
(This version of the story corrects source of the report)
Reporting by Shashwat Awasthi in Bengaluru; Editing by Emelia Sithole-Matarise and Jon Boyle