Deutsche Telekom, Orange confirm BT discussions
November 26, 2014
By Colin Mann
Following the confirmation by BT that it had received expressions of interest from shareholders in two UK mobile network operators, of which one was O2, about a possible transaction in which BT would acquire their UK mobile business, Deutsche Telekom and Orange, the joint shareholders of EE, the other likely operator target, have confirmed they are in discussions with the UK telco.
In a Statement, the pair say they regularly analyse the development of the market in which EE operates, evaluating various strategic options which have the potential to create value for EE’s shareholders and strengthen the market position of EE.
“As one of these options, Deutsche Telekom and Orange are having highly preliminary exploratory discussions with [BT], although it is too early to state whether any transaction may occur. Deutsche Telekom and Orange will make further announcements if and when appropriate.” they confirm.