Eurobites: BT Mobile M&A Plot Thickens

Also in today’s EMEA regional roundup: Ericsson in line for ZTE’s Ethiopian business; SFR goes large on big data; Google in partial Russian pull-out.

  • Telefónica SA (NYSE: TEF) Chairman Cesar Alierta looks like he might be spending a chilly weekend in London, following his arrival on Thursday in the UK capital for discussions with BT Group plc (NYSE: BT; London: BTA) about the possible sale of Telefonica’s O2 UK unit to the British incumbent. And, according to a Reuters report, rival mobile operator EE has also indicated that it might be able to offer BT a more attractive deal. BT, which bailed out of mobile in 2001, has seen the future, and it lies in quad-play: According to industry sources cited by Reuters, an announcement from BT is imminent.

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