BT Group PLC (BT.L)
LONDON, Jan 30 - BT has agreed to pay down its ballooning pension deficit and signed off on an upgrade of its fibre network, putting its finances in order ahead of a key football rights auction and a deal to buy mobile network EE.
FRANKFURT - Talks between BT and the owners of EE about the potential acquisition of the UK mobile operator are progressing well as due diligence so far has not revealed any surprises, German Manager Magazine reported on Wednesday.
LONDON, Jan 15 - BT's ability to bid aggressively in the upcoming Premier League soccer rights auction could be limited by a plan from regulator Ofcom to monitor the price it charges rivals to access its key superfast fibre network.
LONDON, Jan 15 - British regulator Ofcom has said it would set up a safeguard to make sure BT maintains a sufficient margin between its wholesale and retail superfast broadband charges to allow rival providers to profitably match its prices.
PARIS - French telecoms group Orange hopes to close a deal to sell its stake in UK mobile operator EE soon and will look the potential for further consolidation in the French telecoms market once the deal is done, its boss said on Tuesday.
PARIS, Jan 13 - French telecoms group Orange hopes to close a deal to sell its stake in UK mobile operator EE to British telecoms group BT quite soon and will look at further consolidation of the French telecoms market along with other opportunities once the deal is done, its boss said on Tuesday.
PARIS - British telecoms group BT's plan to buy UK mobile operator EE for 12.5 billion pounds ($19.7 billion) should be completed by end-2015 or early 2016, said a senior executive of French group Orange which owns half of the business.
PARIS, Dec 16 - British telecoms group BT's plan to buy UK mobile operator EE for 12.5 billion pounds ($19.7 billion) should be completed by end-2015 or early 2016, said a senior executive of French group Orange which owns half of the business.
(The following statement was released by the rating agency) LONDON, December 16 (Fitch) BT's planned purchase of EE would improve the incumbent's operating profile, giving it significant scale in mobile to complement a well-run fixed line business, Fitch Ratings says. The enlarged group would benefit from revenue and cost synergies, including the recovery of revenues that are currently lost to mobile substitution and the upselling potential of quad-play, bundling mobile with its fixed voice
LONDON - BT's move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services converge, forcing rivals such as Vodafone to make costly moves of their own to keep up.