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BT has sealed its deal to buy mobile operator EE in a whopping £12.5bn transaction. The British telecoms giant said the deal will likely face a year of investigation by the UK’s merger and regulatory authorities completing sometime next year. The transaction will combine BT’s more than 10m retail customers and EE’s 24.5m mobile [...]
Mobile operators EE and O2 will this week learn whether they have won the billions of British Telecom (BT) in a takeover deal. Update: BT has confirmed it has entered into exclusive talks with EE According to a report in The Sunday Times, BT has this weekend been finalising a deal one of [...]
BT has confirmed that it has entered into exclusive talks with mobile operator EE, which has seemingly beaten its rival O2 to the £12.5bn takeover deal. The telecoms giant said that the period of exclusivity "will last several weeks" to allow the necessary negotiations to be completed. The deal would be paid through a combination [...]
Price comparison website Comparethemarket.com is in talks with the cinema industry to launch a 2-for-1 ticket promotion for its customers next year, following the news yesterday that EE will end its decade-long Orange Wednesdays offer. EE said it would stop Orange Wednesdays at the end of February after it failed to agree new commercial terms [...]
BT’s biggest rivals voiced competition concerns last night as the former state monopoly continued £10bn takeover talks with the owners of mobile networks O2 and EE. Vodafone and TalkTalk would both call on the regulator to ensure greater separation between BT and its infrastructure arm Openreach, even going so far as to push for the [...]
Pay TV group Sky, recently rebranded from BSkyB, remained unconvinced by the need for a mobile offering yesterday, after its biggest rival BT looked poised to buy either EE or O2 in a £10bn mobile deal. While Sky’s services include TV, broadband and fixed-line telephone in the UK, the £15.3bn group has yet to offer [...]
Britain’s biggest mobile operator, EE, saw its 4G customer base grow by 1.4m during the third quarter to 5.6m total subscribers. The growth puts EE on track to beat its 2014 goal of signing up 6m customers to its superfast offering, the largest 4G network in Europe. “We’re going to exceed that number, and it’s [...]
Mobile operator EE is planning to cut 350 jobs including its Hatfield headquarters as the firm looks to slim down its marketing, finance, legal and account management teams. The move comes just days after reports that EE’s owners, Orange and Deutsche Telekom, are back in talks for either a float or sale of the business [...]
The owners of EE, the UK’s largest mobile network company, are believed to be back in talks for either a float or sale of the business that could value it at up to £12bn. Orange and Deutsche Telekom, which each own half of EE, were considering strategic options for the business last year before deciding [...]
Phones 4U's retail arm may be done, but EE has just snapped up its mobile business for under £5m, according to the Financial Times. EE beat off competition from Argos and Talk Talk, and the deal is now just subject to approval from administrators. Citing a person close to the talks, the FT says a deal [...]
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