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Title: BT in early talks to purchase O2 or EE Post by: HCK on November 24, 2014, 03:00:31 pm BT in early talks to purchase O2 or EE
<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p><a href='http://www.imore.com/british-telecom-early-talks-purchase-o2-or-ee' title="BT in early talks to purchase O2 or EE"><img src='http://www.imore.com/sites/wpcentral.com/files/styles/large_wm_brw/public/article_images/2014/06/o2-generic.jpg?itok=9H29mp3O' />[/url]</p> <p>According to reports, British Telecom is in early talks with Telefonica to purchase O2 (http://www.imore.com/tag/o2), the same mobile operator it released back in 2001. Not only has BT set its sights on O2, but the UK's largest network EE (http://www.imore.com/tag/ee) has also been offered in a separate deal.</p> <!--break--> <p>BT has confirmed to Spanish press that Telefonica could end up with a 20 percent stake in the company, should a deal go through. The Telegraph notes that this would value the deal at around £10 billion. A BT spokesperson commented on today's reports, noting that BT is also interested in a second network operator (believed to be EE):</p> <p>"We have received expressions of interest from shareholders in two UK mobile network operators, of which one is O2, about a possible transaction in which BT would acquire their UK mobile business. All discussions are at a highly preliminary stage and there can be no certainty that any transaction will occur."</p><p>The telecoms giant wants to get back into the mobile market, which makes a potential O2 (or EE) deal an enticing one worth looking into. As noted above, it's still early days with preliminary talks under way.</p> <p>Source: Telegraph (http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/11249793/BT-in-talks-to-buy-O2.html), FT (http://www.ft.com/fastft/240622/post-240622)</p> </div></div></div><div id="comment-wrapper-nid-28542"></div><img width='1' height='1' src='http://tipb.com.feedsportal.com/c/33998/f/616881/s/40c7a915/sc/5/mf.gif' border='0'/><br clear='all'/> <a href="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/1/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/1/rc.img" border="0"/>[/url] <a href="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/2/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/2/rc.img" border="0"/>[/url] <a href="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/3/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/rc/3/rc.img" border="0"/>[/url] <img src="http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/a2.img" border="0"/> (http://da.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/a2.htm)<img width="1" height="1" src="http://pi.feedsportal.com/r/211597939735/u/49/f/616881/c/33998/s/40c7a915/sc/5/a2t.img" border="0"/><img src="http://feeds.feedburner.com/~r/TheIphoneBlog/~4/EgU8xuYnxBY" height="1" width="1"/> Source: BT in early talks to purchase O2 or EE (http://feedproxy.google.com/~r/TheIphoneBlog/~3/EgU8xuYnxBY/story01.htm) |