Three to fight BT for mobiles

28 November 2014

three With BT looking at getting back in the mobile market, by gobbling up EE or O2, it seems their momentum may be scuppered by Hutchison Whampoa, who just so happen to own mobile operator Three.

Turns out that they want to make a bid on the two providers that BT are sniffing around.

Of course, neither of these potential takeovers have been approved by the UK and European regulators, so we could end up with both parties walking away without a scalp.

Of the two though, the least complicated deal would concern O2. EE, meanwhile, are the biggest carrier in Britain, which means they can haggle on price and call the shots more than their rival.

The size of EE is a problem too, as it is almost certain that watchdogs would have to get involved to make sure there wasn't a monopoly starting and that the acquisition wasn't anti-competitive. Naturally, O2 doesn't share that problem, which means it would be a much simpler transaction.

Looks like BT want to throw some money around before Christmas is done though, so watch this space.

TOPICS:   Mobile

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