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General

BT files for competition approval of EE takeover

Monday 18 May 2015 | 19:52 CET | News
BT said it made its formal application to the UK's Competition and Markets Authority for approval of the proposed acquisition of EE from Orange and Deutsche Telekom. BT said the acquisition "will be good for competition, investment and innovation in the UK - and that consumers and businesses will benefit as a result". BT agreed in February to buy the UK's largest mobile operator for GBP 12.5 billion. Its re-entry on the mobile market is expected to support a new quad-play offering and strengthen its position among customers on the broadband and TV markets, allowing it to better compete with

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Categories: General
Companies: 3 UK / BT / Deutsche Telekom / EE / Hutchison Whampoa / O2 / O2 UK / Openreach / Orange / Sky / TalkTalk / Virgin Media
Countries: United Kingdom
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