O2 Asia Pacific is currently not operating any mobile networks in Far East but just undertakes the reselling of O2 tagged Windows Mobile powered devices! There’s a buzz in the mobile circuit that O2 is planning to reduce its size of operation and may eventually shut shop! The reason behind this is speculated to be to be the lower-than-usual sales in the Asia Pacific regions! The Commercial Times has reported that the company has ceased to take the delivery of the handsets and more over the orders for new models with ODM handsets has also been scrapped!The scrapping of new orders has resulted in minor losses for handsets makers Quanta Computer, Gigabyte Communications and Arima Communications from cancelled orders! O2 Asia Pacific has responded saying that it is adjusting its product strategy for the second half of the year and the company has does not plan to withdraw from the market! This comes as bad news since O2 Asia has some innovative and interesting products! The above news is not bound to affect the operation of O2 Europe as of now since O2 UK which is owned by Spanish Telefonica. On the other hand, Telefonica has begun to clear up O2 Germany which has resulted in a partial replacement of the top management and the CEO. This move does make sense even though it literally means the downfall of the Asia Pacific Windows Mobile Market!

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