The news is now confirmed after several months of rumors. O2 Asia Pacific is no more, and will be reorganized under new management after an internal review by its parent company Telefónica O2 Europe.
Mobile and Wireless Group will assume warranty and service of current models in the market, and plans to release its 2008 line-up in the coming months.
London-based Expansys has invested in the new company and it is expected that ex-O2 Asia CEO Mark Billington will assume the same role in MWG.
Link: ZDNet Asia