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Mobile & Wireless

EE owners finalise plans for stock market listing - report

Monday 4 February 2013 | 10:44 CET | News
The owners of UK mobile network group Everything Everywhere, France Telecom and Deutsche Telekom, are finalising plans for a GBP 10 billion stock market flotation, reports The Telegraph newspaper. They are understood to be close to appointing advisers to prepare for an IPO, with France Telecom and Deutsche Telekom potentially selling 25 percent of EE with a London Stock Exchange listing later in 2013. In a joint statement, the companies said that they remained 'long term partners in EE'. They said that a strategic review of EE would be concluded in 2013, adding that different options were being considered with an IPO the preferred option.

Categories: Mobile & Wireless
Companies: Deutsche Telekom / Everything Everywhere / France Telecom
Countries: United Kingdom
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