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Sourced by TelecomTV's TRACKER platform
from EE

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CMA’s PROVISIONAL APPROVAL OF BT ACQUISITION OF EE

Via EE

Oct 28, 2015

28 October 2015

EE welcomed the Competition Markets Authority’s (CMA) decision to provisionally approve the proposed acquisition of EE by BT:

https://www.gov.uk/government/news/cma-provisionally-clears-btee-merger

The CMA said today it has provisionally decided that the acquisition “is not expected to result in a substantial lessening of competition (SLC) in any market in the UK”. These include the supply of retail mobile, wholesale mobile, mobile backhaul, wholesale broadband and retail fixed broadband services.

Olaf Swantee, CEO, EE:

“EE welcomes the CMA’s provisional approval of our merger with BT. We now look forward to completing the deal quickly, and creating a new combined company designed to benefit both British consumers and businesses, while helping to propel the UK to the very front of global telecommunications”.

Related Topics
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  • Broadband,
  • Device Software & Apps,
  • Digital Platforms & Services,
  • EE,
  • Europe,
  • Government,
  • Mobile,
  • News,
  • Retail,
  • Tracker,
  • Wholesale

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