BT To Buy UK 4G Leader EE For £12.5 Billion

DW100 writes: The UK mobile market looks set for a radical shake-up after BT confirmed it is now in final stage discussions to buy EE for £12.5bn. The move will see the telecom giant return to the mobile market for the first time in over a decade and make the company the leader in both fixed and mobile markets. Whether or not telecom regulator Ofcom will agree to such a deal, though, remains to be seen.

Comments

Re: so BT sell Cellnet, then buy it back?

[gavint]

No. You're correct that post-sell off BT Cellnet became O2, but EE is a completely different network that was formed by the merger of the Orange and T-Mobile UK operations. BT was in discussions to buy back O2 but opted for EE instead so O2 will remain a separate operator.

Re:That's a lot of acronyms, isn't it?

[Anne Thwacks]

As a BT Customer, I can assure you that it stands for "Bloody Terrible", and the buyout is only feasible because the telecomms regulator is as toothless as a wet cabbage.

My friends who use it, assure me that EE stands for "Extremely Expensive".