News Articles

Wednesday, November 26, 2014

EE's owners confirm talks with BT

Earlier this week BT announced it had been contacted by shareholders in two UK mobile network operators about a possible transaction in which BT could acquire their UK mobile business. It revealed one of those companies was O2 but didn’t name the second network.

Deutsche Telekom and Orange, which jointly own UK network EE, have now confirmed they are the other network having talks with BT.

They’ve issued a statement that says:

Deutsche Telekom AG and Orange SA, the joint shareholders of EE Ltd, regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE's shareholders and strengthen the market position of EE.

As one of these options, Deutsche Telekom AG and Orange SA are having  highly preliminary exploratory discussions with British Telecom,  although it is too early to state whether any transaction may occur.  Deutsche Telekom and Orange will make further announcements if and when  appropriate

Author: The Fonecast
Rate this article:
No rating

Categories: Networks and operators, NewsNumber of views: 11416

Tags: uk orange bt deutsche telekom ee

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment


Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«April 2024»


Terms Of Use | Privacy Statement