Mobile network Three to buy O2 in £10bn deal

Acquisition that would make Li Ka-shing one of UK’s biggest foreign investors sparks fears of phone and internet price riseMobile network Three is set to acquire its rival O2 for more than £10bn in a deal which consumer groups fear could increase prices for phone calls and internet access on the go.Hong Kong tycoon Li Ka-shing is set to become one of the biggest foreign investors in the UK when his Hutchison Whampoa conglomerate acquires the O2 network from its Spanish owner Telefó