A PYMNTS Company

UK: CMA seeks initial comments on BT-EE merger

 |  March 16, 2015

The UK’s Competition and Markets Authority started the ball rolling in its examination of BT’s £12.5 billion takeover of EE, the largest mobile operator in the UK, by requesting opinions from competitors about what impact a BT-EE entity might have on the mobile and broadband markets.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to a letter seen by the Financial Times, the CMA highlighted several areas that could suffer a “potential impact” from an emboldened BT, which would be number one – in terms of subscribers – in both the UK’s broadband and LTE markets. Those areas include wholesale and retail.

    The CMA sent letters to all interested parties asking for their input, with responses – according to the FT – expected later this week.

     

    Full Content: The Financial Times

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.