Competition and Markets Authority in the UK clears the BT and EE mergerBT is set to merge with EE, and the company has just received the green light from the Competition and Markets Authority (CMA) in the UK. This body has approved the merger, which clears BT's £12.5 billion acquisition of EE to become the UK's largest mobile telecoms company. The CMA found that the merger of the two companies would not result in substantial lessening of competition in the UK. According to findings: "BT Group plc (BT) and EE Limited (EE) operate largely in separate areas with BT strong in supplying fixed communications services (voice, broadband and pay TV), EE strong in supplying mobile communications services, and limited overlap between them in both categories of service. BT (including Openreach) also provides many fixed services to other communications providers, including backhaul services to mobile communications providers such as EE, O2, Three and Vodafone. These backhaul services connect radio masts to core networks. EE also provides wholesale mobile servi...<br clear='all'/>
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Source:
Competition and Markets Authority in the UK clears the BT and EE merger
