15-12-2014, 16:04
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#1
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
Posts: 13,995
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BT to buy EE - impact on VMobile?
http://www.telegraph.co.uk/finance/n...-for-12bn.html
Quote:
BT has agreed to buy EE from its owners, Deutsche Telekom and Orange, for £12bn.
It is understood that the deal, paid for with a combination of cash and BT stock, will be confimed this evening.
The takeover will create a powerful combination of Britain's biggest fixed-line telecoms operator and its biggest mobile operator. BT chose EE over O2, owned by the Spanish telecoms giant Telefonica, after a weekend of intensive negotiations with both sides. Each would-be seller sought to offer the best terms to BT in a reverse auction.
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VM are an EE MVNO. Wonder if this will have any impact on that?
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