Watchdog gives BT the green light to go ahead with its £12.5bn EE takeover
BT have been given the green light to go through with its £12.5bn takeover of EE after the competition watchdog ruled that the merger between the UK’s two largest telecoms companies would not harm competition.
The Competition & Markets Authority (CMA) decision to wave through the deal will finally give BT a mobile company, creating a communications giant covering fixed-line phones, broadband, mobile and TV. The deal will more than treble BT’s retail customer base with an additional 24.5 million EE direct mobile subscribers on top of the 10 million customers it already has.
The deal includes all of EE’s shares currently Read full story ›
Source: The Drum
