0
General

BT wins final clearance to acquire EE

Friday 15 January 2016 | 08:56 CET | News
The UK's Competition and Markets Authority (CMA) has given unconditional approval to BT's acquisition of EE from Orange and Deutsche Telekom. The GBP 12.5 billion acquisition brings together the UK's largest broadband and fixed operator with the country's biggest mobile operator. BT said it expects to close the acquisition by 29 January and confirmed that Marc Allera will take over as CEO of the new unit. In return for their 50 percent stakes in EE, Deutsche Telekom will receive a 12 percent stake in BT and a seat on the company's board, and Orange will receive shares worth a 4 percent stake

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: BT / Deutsche Telekom / EE / Orange
Countries: United Kingdom
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CMA targets unfair terms from cloud storage providers

Published 27 May 2016 21:46 CET | United Kingdom
Following a consumer law review by the UK Competition and Markets Authority (CMA), Dixons Carphone, JustCloud and Livedrive have ...

Telefonica should stay: UK mobile market grows 9.3% in 2015

Published 22 Apr 2016 08:43 CET | United Kingdom
While the UK looks increasingly likely to remain a market of four mobile operators, Telefonca may do better to hold on to O2, ...

Ofcom to offer more details on ducts, pole access by summer

Published 13 Apr 2016 10:57 CET | United Kingdom
UK regulator Ofcom will provide more details on plans to give BT rivals access to Openreach's ducts and poles by summer 2016, ...

EE launches new 4GEE, 4GEE Extra SIM only plans

Published 10 Feb 2016 15:25 CET | United Kingdom
EE has announced new 4GEE and 4GEE Extra SIM only mobile plans. They are available to buy in-store, via the EE online shop and EE ...

New build homes to get fibre broadband connectivity

Published 05 Feb 2016 15:35 CET | United Kingdom
The UK Government has reached an agreement with Openreach and the Home Builders Federation (HBF) to provide new build properties ...

Vodafone attacks BT for 'loading costs' onto Openreach

Published 04 Feb 2016 15:12 CET | United Kingdom
Vodafone has attacked BT for 'loading costs' onto national network unit Openreach, reports the Financial Times. Vodafone UK CEO ...

Ofcom investigates EE over billing concerns

Published 01 Feb 2016 11:12 CET | United Kingdom
UK regulator Ofcom has opened an investigation into EE's compliance with General Condition 11, which requires communications ...

Orange completes sale of EE stake to BT

Published 29 Jan 2016 14:01 CET | United Kingdom
Orange announced that it completed the sale of its 50 percent stake in UK mobile operator EE to BT on 29 January. Following the ...

MPs call for formal separation of BT, Openreach

Published 25 Jan 2016 10:56 CET | United Kingdom
Despite GBP 1.7 billion of taxpayers' money being used to subsidise the construction of UK high-speed broadband, there are still ...

Ofcom reports latest telco customer satisfaction levels

Published 19 Jan 2016 18:07 CET | United Kingdom
UK telecoms providers have maintained a level of customer service of between 67-76 percent of consumers, according to Ofcom's ...

BT to hire 1,000 new customer service advisors

Published 18 Jan 2016 21:52 CET | United Kingdom
BT is creating 1,000 permanent jobs in the UK as it aims to answer more than 80 percent of BT Consumer customers' calls from ...

Virgin urges BT-EE to offer 'fair terms' to rivals

Published 18 Jan 2016 10:45 CET | United Kingdom
Following the approval of BT's takeover of EE by the Competition and Markets Authority (CMA), Virgin Media said it expected BT to ...

TalkTalk disappointed by EE/BT merger approval

Published 15 Jan 2016 17:58 CET | United Kingdom
TalkTalk has expressed its disappointment after the Competition and Markets Authority (CMA) approved the acquisition of EE by BT. ...

ITSPA concerned about wholesale UK mobile market

Published 15 Jan 2016 15:04 CET | United Kingdom
ITSPA, UK trade association for VoIP and next generation communication service providers, has expressed major concern for the ...

BT to maintain EE brand after takeover - report

Published 11 Jan 2016 08:40 CET | United Kingdom
BT will keep the EE brand after taking over the mobile operator, people familiar with the matter told the Financial Times. While ...

EE CEO Swantee to step down after BT takeover

Published 04 Jan 2016 13:25 CET | United Kingdom
UK operator EE announced that its CEO Olaf Swantee will leave the company after BT completes its planned takeover of EE. Subject ...

Virgin slams CMA decision to approve BT, EE deal

Published 25 Nov 2015 10:44 CET | United Kingdom
Virgin Media has accused the Competition and Markets Authority (CMA) of conducting an 'extraordinary flawed analysis' before ...

CMA provisionally clears BT takeover of EE

Published 28 Oct 2015 10:02 CET | United Kingdom
The UK Competition and Markets Authority (CMA) has provisionally cleared the acquisition of EE by BT. After examining different ...

Approval of O2/3UK and BT-EE mergers would make O2/3UK the largest MNO but facing two converged competitors

Published 12 Oct 2015 14:27 CET | United Kingdom
The announced merger between O2/3 UK will reduce the number of MNOs, if approved. Currently the EU is looking into the O2/3 UK ...

Ofcom gives positive advice to CMA on BT takeover of EE

Published 14 Aug 2015 15:44 CET | United Kingdom
UK telecom regulator Ofcom appears to have given its backing to BT's proposed takeover of EE, the Daily Telegraph reports. Ofcom ...

TalkTalk warns of MVNO threat from EE, BT merger

Published 22 Jul 2015 10:42 CET | United Kingdom
TalkTalk believes that the proposed merger of BT and EE will significantly lessen competition in the market for wholesale MVNO ...

BT, EE insist merger will benefit UK consumers

Published 18 Jun 2015 10:47 CET | United Kingdom
BT CEO Gavin Patterson insists that its proposed takeover of EE will create a 'true digital champion' for the UK, with consumers ...

BT takeover of EE gets phase 1 competition approval

Published 10 Jun 2015 09:44 CET | United Kingdom
The UK's Competition and Markets Authority (CMA) has referred BT's anticipated acquisition of EE for an in-depth phase 2 ...

BT files for competition approval of EE takeover

Published 18 May 2015 19:52 CET | United Kingdom
BT said it made its formal application to the UK's Competition and Markets Authority for approval of the proposed acquisition of ...

British mobile market in full motion with two possible mergers

Published 03 Apr 2015 13:41 CET | United Kingdom
The British mobile market is going through interesting times, with two mergers likely to happen in the near future, reducing the ...