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BT has entered exclusive talks to buy EE.
2014-12-15 22:00:23| Telecom - Topix.net
BT has entered exclusive talks over a A 12.5 billion deal to buy Britain's biggest mobile phone operator EE. The disclosure comes after days of speculation over whether BT would opt to bid for O2 or rival EE, which is owned by Deutsche Telekom and Orange, as part of its long-awaited return to the mobile phone sector.
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BT enters exclusive talks to buy EE for GBP 12.5 billion
2014-12-15 21:10:00| Telecompaper Headlines
(Telecompaper) BT has entered into exclusive talks to acquire UK mobile operator EE from Deutsche Telekom and Orange for GBP 12.5 billion in cash and new shares. Under the non-binding terms agreed, Deutsche Telekom would hold 12 percent of BT and would be entitled to appoint a member to the BT board. Orange would own 4 percent of BT. The period of exclusivity will last several weeks to allow BT to complete due diligence and for negotiations on a definitive agreement to be reached. While continuing discussions, BT will progress its own plans for providing enhanced fixed-mobile converged services for businesses and consumers, in line with previous announcements, and remains confident of delivering on these plans should a transaction not take place. BT expects significant synergies mainly through network and IT rationalisation, back-office consolidation and savings on procurement, marketing and sales costs. In addition, BT expects to generate revenue synergies through selling fixed-line services to EE customers who do not currently take a service from BT, and by accelerating the sale of converged fixed-mobile services to BT's existing consumer and business customers.
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BT enters into exclusive negotiations to acquire EE
2014-12-15 19:00:52| Digital TV News
BT Group plc (BT) has announced that it has entered into an exclusivity agreement with Deutsche Telekom and Orange in relation to BTs possible acquisition of all of their UK mobile business, EE.
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BT in exclusive talks to acquire EE for 12.5bn
2014-12-15 01:00:00| Total Telecom industry news
Proposed deal would see Deutsche Telekom take 12% stake in U.K. incumbent, while Orange would hold 4%.
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HSMAI To Honor Exclusive Resorts With Three Bronze Awards At The 58th ...
2014-12-13 15:43:41| Apparel - Topix.net
This year's contest garnered more than 1,200 entries from around the world, with entries judged by top executives throughout the industry. At its core, Exclusive Resorts comprises a carefully vetted collection of more than 300 privately managed villas in iconic destinations from Cabo to Vail, .
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