BT Agrees to Buy UK's Largest Mobile Operator EE

February 5, 2015 12:09 PM

4 0

British telecommunications company BT PLC has taken a big step back into the world of cellular after agreeing Thursday to buy the country's largest mobile operator, EE, for 12.5 billion pounds ($18.9 billion).

The deal gives BT access to EE's 31 million customers, including 24.5 million direct mobile customers and 834,000 fixed broadband customers. It also marks a change of course for the company, which left the mobile phone business in 2001 as it looked to push on with its broadband expansion.

Read more

To category page

Loading...