BT Glasgow Clydeside
BT today made its formal submission to the UK’s Competition and Markets Authority, seeking approval for the proposed acquisition of EE. The company has said the acquisition will be good for competition, investment and innovation in the UK - and that consumers and businesses will benefit as a result.
EE has announced that all new and existing customers – on EE, Orange, T-Mobile and broadband plans – will have access to a blockbuster film rental every week for just £1 with leading digital entertainment streaming service Wuaki.tv.
BT Group
BT has agreed to buy EE, the UKs largest mobile phone network, in a cash and shares deal worth £12.5 billion. The deal, which BT said would create the UK's leading communications provider, will be partly financed by a £1 billion share issue.
BT Group
BT has announced that, further to its statement on 24 November 2014, it has entered into an exclusivity agreement with Deutsche Telekom and Orange in relation to BTs possible acquisition of all of their UK mobile business, EE. The period of exclusivity will last several weeks allowing BT to complete its due diligence and for negotiations on a definitive agreement to be conclude