BT £12.5bn EE Takeover Cleared By Regulator

BT £12.5bn EE Takeover Cleared By Regulator

The Competition and Markets Authority says it has taken into account a “range of concerns” and unanimously approved the deal.

BT’s £12.5bn takeover of mobile phone firm EE has been cleared following a ten-month investigation by the competition regulator.

The Competition and Markets Authority’s (CMA) decision was largely expected following the release of its provisional findings last autumn.

The watchdog said on Friday that it had taken “extra time” to consider the views of customers and competitors, who had raised fears of rising bills and market dominance in telecoms provision. read more

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