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General

CMA seeks initial comments on BT-EE merger

Monday 16 March 2015 | 09:30 CET | News
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The UK's Competition and Markets Authority has written to major telecom and media groups and other interested parties about BT's GBP 12.5 billion takeover bid for EE, requesting early views on the deal's impact, on the mobile, broadband, triple- and quad-play markets, the Financial Times reports. In the preliminary invitation to comment letter seen precedes the full inquiry into the merger, the largest to date to be put before the CMA. The combined group will have a 70 percent share of the wholesale broadband market, 31 percent share of consumer mobile subscribers and around 35 percent of

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Categories: General
Companies: BT / EE / Ofcom / Openreach / Sky / TalkTalk / Vodafone
Countries: United Kingdom
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