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Could Everything Everywhere be taken over by former CEO?

It’s reported that investment firm Kohlberg Kravis Roberts & Co (KKR) is talking to Deutsche Telekom and France Telecom about a possible takeover of the Everything Everywhere business in the UK. Tom Alexander, who left his role as Everything Everywhere’s CEO a year ago, is said to be leading the bid.

Former Vodafone CEO Arun Sarin is one of KKR’s senior advisors; a role he was appointed to in October 2009.

Everything Everywhere has run the Orange and T-Mobile networks in the UK since its formation in 2010.

[Sources: FT.com; Telegraph.co.uk]

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Author: The Fonecast
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