With a Dutch CEO, and French and German parents, EE today has a more European than British flavour. That could all change if BT acquires the UK operator: the former UK incumbent entered into exclusive negotiations with EE shareholders Orange and Deutsche Telekom on Monday.
BT has entered into exclusive negotiations with Orange and Deutsche Telekom regarding the sale of EE, ending weeks of speculation over whether the former UK incumbent would choose to buy, EE or its rival O2 UK. The purchase price of £12.5 billion (€15.7 billion/$19.6 billion) would be split equally between Orange and Deutsche Telekom.
Sharon White, the first woman to be appointed as a permanent secretary at the UK Treasury, is tipped to be in line to replace Ed Richards at the helm of UK communications regulator Ofcom.
Three UK said 3.1 million customers are now using its LTE services, representing more than a third of its total customer base of 8 million users.
Orange said it will continue to pursue a planned €3.4 billion ($4.2 billion) acquisition of 100 per cent of Spanish fixed-line operator Jazztel despite the European Commission opening an in-depth investigation to assess whether such a deal would be in line with European Union merger regulation.
By Anne Morris "If we get 5G right there may not be a 6G." These are the much-quoted words of Andy Sutton, principal network architect at UK-based operator EE. To put it in context, Sutton...
Vodafone is planning its next move to counter the pending consolidation of the UK telecoms market, with reports suggesting that it is reviewing a possible acquisition of European cable operator Liberty Global, among others.
Speculation about the future structure of the UK telecoms market reached fever pitch this week as some industry watchers placed their bets on whether BT would buy EE or O2 UK while others suggested Hutchison Whampoa could enter the race for one of the two mobile operators.
Whether BT now rues the day it sold O2 is a moot point; it now knows it needs a mobile strategy, and has confirmed it is in "highly preliminary" talks with O2 and one other operator--which Orange and Deutsche Telekom on Wednesday confirmed is EE. If BT does buy O2 or EE, there is a fair chance that its strategy to roll out a small cell network, building what some term as an "inside out" mobile network, may be put on hold.
BT said it is in early discussions with two mobile network operators about a possible acquisition, and confirmed that Telefónica-owned O2 UK is one of the companies involved.