26 November 2014
Deutsche Telekom and Orange have confirmed reports that BT Group is also in talks to acquire UK mobile operator EE.
On Monday, it emerged that BT was in "highly preliminary" talks with
Telefonica to buy back O2, as well as exploring an option
to buy one other mobile operator.
Joint shareholders Deutsche Telekom and Orange have since
confirmed they are having "highly preliminary exploratory
discussions" with BT regarding the sale of EE. They added that
it was too early to state whether any transaction may
A potential return to the UK mobile market would enable BT to
push ahead with plans to offer "quad-play" services, with
market watchers noting that owning mobile infrastructure will
be key to any future success.
"BT’s proposal to re-enter the mobile market is no
great surprise to the telecoms world and follows a trend of
recent corporate deal activity in the telecommunications
space," said Jonathan Snade, partner & technology M&A
expert at leading law firm Thomas Eggar.
"The drivers for the increase in acquisition and disposal
activity are numerous, but include telcos scaling up to remain
competitive and struggling businesses having to refocus
corporate strategy and sell divisions to realise cash or reduce