BT in Exclusive Talks to Buy EE



/ 4 years ago

bt

BT have entered into exclusive talks to buy EE for £12.5 billion. The period of exclusivity will lasts “several weeks”, according to BT, to ensure enough time to negotiate a satisfactory deal.

Back in November, BT was linked with the purchase of either EE or Telefonica-owned O2. EE is the largest mobile network in the UK, with a 33.8% market share, according to Citigroup. As part of the proposed deal, EE’s owners, Deutsche Telecom and Orange, would take a 12% and 4% stake in BT, respectively. With its 12% stake, Deutsche Telecom would be entitled to appoint a member to BT’s board. BT issued a statement regarding the potential purchase, saying, “The proposed acquisition would enable BT to accelerate its existing mobility strategy.”

Source: BBC

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Comments

2 Responses to “BT in Exclusive Talks to Buy EE”
  1. Wayne says:

    Who the hell is BT & EE?

    • maariyathomas313 says:

      I­­­­­­­­­ am ­­­­­­­­­making ­­­­­­­­­a ­­­­­­­­­good ­­­­­­­­­salary ­­­­­­­­­from ­­­­­­­­­home ­­­­­­­­­$5500­­­­­­­­­-­­­­­­­­­$7000/week , ­­­­­­­­­which ­­­­­­­­­is ­­­­­­­­­amazing, ­­­­­­­­­under ­­­­­­­­­a ­­­­­­­­­year ­­­­­­­­­ago I ­­­­­­­­­was ­­­­­­­­­jobless ­­­­­­­­­in ­­­­­­­­­a ­­­­­­­­­horrible ­­­­­­­­­economy. ­­­­­­­­­I ­­­­­­­­­thank ­­­­­­­­­­­­­­­­­­God ­­­­­­­­­every ­­­­­­­­­day ­­­­­­­­­I ­­­­­­­­­was ­­­­­­­­­blessed ­­­­­­­­­with ­­­­­­­­­these ­­­­­­­­­instructions and ­­­­­­­­­now ­­­­­­­­­it’s ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­my ­­­­­­­­­­­­­­­­­­duty ­­­­­­­­­t0 ­­­­­­­­­pay ­­­­­­­­­it ­­­­­­­­­forward ­­­­­­­­­and share ­­­­­­­­­it ­­­­­­­­­with ­­­­­­­­­Everyone, ­­­­­­­­­Here ­­­­­­­­­is ­­­­­­­­­I ­­­­­­­­­started,,,,,,­­­­­­­­­

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