O2's owner Telefonica has flogged emergency services radio outfit O2 Airwave to the Australian banking and telco group Macquarie - and the new owner has promptly pissed off Airwave's staff so much that some are threatening to strike.

A strike at Airwave would interrupt the push-to-talk radio systems used by the police and other emergency services. They could use mobile phones instead, but when major incidents have occurred - such as the 7/7 bombings in London - Airwave has coped when the mobile networks have not.

Macquarie's gaffe was to shutter Airwave's final-salary pension scheme, less than one hour after closing its £1.9bn purchase from the Spanish mobile operator. It said it would transfer workers - Airwave has around 800 staff - to a new 'defined contribution' plan.

In response, Airwave staff claimed that the bank deliberately misled them during the acquisition talks, and the deputy general secretary of the Communication Workers Union, Jeannie Drake, described Macquarie's action as "outrageous and disrespectful" and said it would "enrage workers and generate real concerns over the new owners of their company."®

Related stories

• Midlands police cuff war driving duo (18 April 2007)
• European Police Congress Keeping Bobbies ahead of the bunch (18 February 2007)
• TfL keeps schtum on underground radio plans (6 June 2006)
• Rivals want to invest in Australia's broadband network (21 April 2006)
• Union demands assurances over O2 jobs (1 November 2005)
• O2 wins £390m ambulance deal (19 July 2005)