BT announced in February it had agreed terms to acquire EE for £12.5 billion
EE is confident the Competitions and Markets Authority (CMA) will approve its merger with BT during a preliminary ruling in two weeks.
BT announced in February it had agreed to acquire EE for £12.5 billion in February and the merger is expected to be completed in March 2016, should it pass all regulatory approval. The merger will combine EE’s 4G and BT’s broadband networks.
Insiders from EE told Mobile News they expect a good outcome from the preliminary ruling. The said: “We expect to get the preliminary ruling in the next two weeks. We believe this project is very important for the UK and hope we will not see any delays in the process. We expect a good preliminary outcome.”
EE believes the merger will go some way in improving the UK’s digital infrastructure and reduce the number of faults currently found in existing networks. The insiders said: “Being able to have two companies coming together through mobile and fixed line is driving better and stronger digital infrastructure that allows people to connect everywhere in the UK.
“This will further reduce the number of defects that exist in networks today, like dropped calls and cater for speeds required for applications that use video and need nominal response times.”