Telefonica will decide on O2 listing when markets steady: UK CEO

By Paul Sandle LONDON (Reuters) - Telefonica will not list its British mobile business in 2016, the unit's chief executive said, citing softer demand for initial public offerings and the impact of the weaker pound, and would only go ahead in 2017 if market conditions are right. The Spanish telecoms group said last month it planned to either list or sell a stake in O2 UK before early 2017 as part of its plan to cut its 50 billion euros ($55 billion) of debt. It decided to seek a London listing or