BT says £12.5 billion EE deal benefits consumers

BT has urged competition regulators to approve its £12.5 billion deal to buy EE because it would “enhance” the UK telecoms market and provide more choice for customers.

BT agreed to buy the UK's largest operator back in February but the deal's still being examined by competition authorities. The company recently hinted that a final decision might not be made until early next year.

Several of BT's rivals including Sky and Vodafone have raised concerns about the impact of the deal on the mobile and fixed broadband market but BT says that it would lead to increased investment and more competition.

BT notes that both TalkTalk and Virgin Media both also offer phone, broadband, TV and mobile 'quad-play' bundles and that its arrival is beneficial as it adds choice and broadens its offering to customers.

BT Group CEO, Gavin Patterson said: "BT's acquisition of EE will be good for consumers, businesses and UK plc, as well as for BT shareholders, so we are keen to get regulatory clearance. A larger BT will be able to invest and innovate even more than now, something that's good for jobs and good for customers."

He added: "The acquisition will lead to greater competition, given our history as a natural and willing wholesaler, enabling other companies to use the networks we own."

Source: V3

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