Disney has confirmed that it is postponing the launch of a virtual network in the UK. The company had signed an MVNO agreement with Telefonica's O2 network but has now decided not to launch the network, The Sunday Telegraph newspaper, citing Disney officials said that the company had expected to launch its network by the end of this year, but has now delayed the launch indefinitely.
In a statement, the company said: "Distribution outlets have been consolidating and there is now increased competition. However, we will keep one eye on the landscape."
Disney had already appointed an executive team to oversee the launch of the UK mobile service. The company is already operating an MVNO in the USA."
Posted to the site on 14th August 2006