BT Group PLC (BT.L)
26 Nov 2014
|Market Cap (Mil.):||£32,234.14|
|Shares Outstanding (Mil.):||8,144.05|
LONDON - EE's German and French owners confirmed on Wednesday they were in talks to sell Britain's biggest mobile network operator to BT as part of a wider review of its options. | Video
(The following statement was released by the rating agency) LONDON, November 26 (Fitch) BT Group and Telecom Italia's recent announcements of potential consolidation are both driven by similar desires to boost scale, cut competition and bundle complementary services, but BT's lower leverage gives it much more flexibility at the current ratings, Fitch Ratings says. BT said it has been asked if it wants to buy two UK mobile operators, one of which is Telefonica's O2 and the other is likely to
(Corrects typographical error in spelling of "line" second paragraph)
FRANKFURT, Nov 26 - Deutsche Telekom said it and France's Orange had entered into preliminary discussions with Britain's BT Group over the Franco-German mobile telecoms joint venture EE Ltd.
* Deutsche Telekom AG and Orange SA are in exploratory discussions with BT, although it is too early to state whether any transaction may occur
(Adds Telecom Italia, Clarkson, Lucchini, Air France, Schoeller-Bleckmann)
* Valuation set to be below 14 bln euros rumoured in press (Recasts with source, new details)
(Adds JD Sports, Hypo Alpe Adria, Intesa SanPaolo, Metro AG, Fraport; updates Steinhoff International)
MADRID, Nov 25 - Britain's BT Group could offer at least 6 billion euros ($7.5 billion) to Spanish peer Telefonica on top of a 20 percent stake in its share capital for the O2 mobile network, El Confidencial reported on Tuesday without citing sources.
* BT gets boost as it looks at mobile options (Updates with closing prices)