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Tag Archives: merger
CMA Approves BT’s Acquisition of EE
The provisional findings of an inquiry by the Competition and Markets Authority (CMA) into the proposed acquisition of 4G network EE have been positive, increasing the likelihood that the acquisition will go ahead. An inquiry into the proposed merger was necessary for a number of reasons. While the two companies are both strong in the … Read More
Three and O2 to Merge 4G Networks
At the end of January Hutchison Whampoa Ltd, the owner of Three, entered into exclusive talks with Telefonica, the owner of O2 about a potential acquisition of the O2 UK business. With the acquisition of EE by BT it seems that consolidation of the telecoms market is well underway. As usual Three seems remarkable relaxed … Read More
BT to Buy UK’s Biggest 4G Network EE
The telecoms landscape in the UK is set to alter dramatically now that telecoms group BT has paid £12.5 billion to buy the country’s first and largest 4G network, EE. The takeover of EE will more than treble BT’s retail customers from 10 million to over 34 million. It will be even larger than it … Read More