(Digital Marketing Agency, thesnsgroup.com)- Britain's
biggest fixed-line telecoms provider BT has reportedly sealed a deal with Orange
and Deutsche Telekom for the acquisition of EE, a move that would accelerate
BT’s plans to give retail customers seamless access to the Internet as well as
to cut costs through the rationalization of networks and operations, together
with selling broadband to EE clients that it does not already serve.
However, BT declined to comment on the matter.
“In December BT said that if the deal went through it
expected to pay for EE with a roughly 50:50 split of cash and shares for a
combined value of 12.5 billion pounds, although Deutsche Telekom will get a 12
percent stake in BT and the right to appoint one board member
while France's Orange will get more cash and only a 4 percent stake in
BT,” cited Reuter.
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