BT could buy O2 or EE to get back into the mobile carrier game

The only operator to have sold off their mobile business before it became the goldmine is now likely to acquire wireless assets again.


The British fixed-line carrier BT is in preliminary talks to buy mobile operator O2 from its Spanish parent, Telefonica, it said on Monday. It is also reportedly considering buying EE.

In a statement, [company]BT[/company] said it was looking to buy a mobile carrier and had “received expressions of interest from shareholders in two U.K. mobile network operators, of which one is [company]O2[/company], about a possible transaction in which BT would acquire their UK mobile business.”

According to the Financial Times’ sources, the other carrier is EE, the joint venture between [company]Deutsche Telekom[/company] and France’s [company]Orange[/company]. BT currently provides mobile services to small businesses in the U.K. as a mobile virtual network operator (MVNO), using EE’s network.

“We continue to develop our own plans for providing enhanced mobile services to business and consumer customers, in line with our previous announcements,” BT said. “We remain confident of delivering on these…

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