Home › BT board meets to discuss bid for EE or O2
 

Keywords :   


BT board meets to discuss bid for EE or O2

2014-12-10 09:58:00| Telecompaper Headlines

(Telecompaper) BT's board met on 9 December to discuss a possible takeover bid for mobile operators EE or O2, but did not settle on which to buy, sources familiar with the matter told the Telegraph. CEO Gavin Patterson and his advisers aim to agree on a price for one of the operators by Christmas and to start due dilligence as soon as possible. "They're going to do a bit more digging and probably some more negotiating," a banking source said. Stephane Richard, CEO of Orange, EE's joint owner with Deutsche Telekom, previously said he expected to know more before Christmas. Analysts have said that O2 would be easier to integrate and less expensive to acquire than EE.

Tags: or board discuss bid

Category:Telecommunications

Latest from this category

All news
»
20.05Sheboygan Paint Company Appoints New Technical Sales Representative
20.05GK Hair Unveils Summer 2024s Must-Have Hair Trends
20.05Revlon Taps Under Armour\'s Tchernavia Rocker As New Chief People Officer
20.05Canada invests over $9.6M to prevent, prepare for African swine fever
20.05Dabbagh Named General Manager of Waldencast Ventures Glaze Brand
20.05Pretty Little Thing warned over 'misleading' ads
20.05Several pork priorities secured in House Farm Bill
20.05BT scraps digital landline switch deadline
More »