BT have this morning confirmed exclusive talks to buy the UK’s largest network EE have been successful with the takeover costing the UK’s communication giant £12.5 billion in shares and cash. Continue reading “BT seals £12.5 billion deal to buy EE”
Tag: merger
Three UK to buy O2 UK for £9.25 billion
Since BT confirmed they were in talks to buy EE and not O2, there’s been a lot of rumours that Three UK owner Hutchinson Whampoa Limited (HWL) would attempt to acquire O2 in a bid to strengthen its UK position. This morning the company have issued a press release confirming they are in exclusive talks to buy O2 UK from Spanish parent Telefónica, S.A. in a deal worth £9.25 billion. Continue reading “Three UK to buy O2 UK for £9.25 billion”
BT buying EE – is it good for consumers?
BT has confirmed that it is in exclusive talks to acquire EE, the UK’s largest market mobile network group but is the buyout good for consumers? Will one of the UK’s largest communications groups buying the largest mobile network result in lower mobile prices in the UK? Continue reading “BT buying EE – is it good for consumers?”
BT in talks with O2 and EE over own mobile network
British Telecom is allegedly already in talks with UK network operator EE following the alleged approach by Telefonica to form a “strategic partnership” that would see BT buy the company’s UK operator O2. According to sources cited by Reuters, BT is currently in “early stage” talks with EE over a major deal which may yet present a challenge to Telefonica’s master plan. Continue reading “BT in talks with O2 and EE over own mobile network”
BT to buy O2 UK from Telefonica?
UK operator BT is rumoured to be in talks to buy O2 UK with O2’s parent company Telefonica seeking a strategic partnership with BT that would see it sell its mobile network in return for a 20% stake. According to a report on El Confidencial, Telefonica’s CEO César Alierta is exploring the partnership with BT to create a European Giant and whilst talks are at an advanced stage, “there is nothing concrete yet”. Continue reading “BT to buy O2 UK from Telefonica?”
Sprint considering on LTE and T-Mobile merger
Sprint CEO Dan Hesse was talking to the Financial Times, while giving the interview, Dan Hesse said that “We have the spectrum resources where we could add LTE if we choose to do that, on top of the WiMAX network. The beauty of having a lot of spectrum is we have a lot of flexibility.” That means that Sprint is also considering on LTE, not only on 4G (WiMax). There is no doubt in it that LTE is more faster than WiMax. Sprint WiMax partner, Clearwire also said that LTE is a possibility in the future. Continue reading “Sprint considering on LTE and T-Mobile merger”