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.

Read more


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s