BT strikes deal to buy UK mobile operator EE for $19B
BT said it has agreed to acquire mobile operator EE in the U.K. for £12.5 billion (US$19 billion), reflecting growing consolidation in the country's mobile market.
BT said it has agreed to acquire mobile operator EE in the U.K. for £12.5 billion (US$19 billion), reflecting growing consolidation in the country's mobile market.
BT Group has entered exclusive talks to buy U.K. mobile operator EE for 12.5 billion pounds (US$19.5 billion), a deal that would help the carrier offer bundles of mobile and fixed services.
U.K. consumers are likely to benefit from cheaper communications bundles as British Telecom plots its return to the mobile market and Vodafone plans to add TV and fixed broadband services
The options are increasing for people who want an LTE smartphone, but don't want to spend a fortune or sign an expensive contract. Two new alternatives that won't drain wallets are Nokia's Lumia 635 and the Huawei-made Kestrel.
The £99 (US$160) price for U.K. carrier EE's smartphone Kestrel without a contract gives a glimpse of a future with low-cost LTE devices, and is also an aggressive move by Qualcomm as competition in the chipset sector increases.
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