British telecoms and television company BT has agreed to buy mobile operator EE for STG12. 5 billion ($A24. 46 billion), creating the nation’s leading communications provider, it says.
The combination of EE and BT will provide customers with innovative, seamless services that combine the power of fibre broadband with wi-fi and advanced mobile capabilities,” it said in a statement on Thursday.
“This is a major milestone for BT as it will allow us to accelerate our mobility plans and increase our investment in them,” added BT chief executive Gavin Patterson in the statement.
Read more here: Business Spectator