BT telecoms giant wants to buy EE for £12.5 billions

BT is muscling into the mobile market with a deal which, if it is a greed will see them become the biggest mobile provider in the UK.

BT believes its £12.5 billion deal will make it a market beater that will bring lower bills for consumers. The UK mobile market is dominated by 3 major players, Vodafone has 19 million customers, O2 has 22 million customers and EE tops the lot with 24.5 million customers – those are the people that BT wants.

When they built the BT tower in 1960’s, few people could have imagined that 50 years later well be watching videos and talking to our friends on smartphones. BT hopes that by offering the full four big digital services, television, broadband and internet, mobile phone and fix line phones, they can win the war for customers.

BT sources tell that it wants to cut bills by delivering mobile services over wi-fi and by bringing the efficiency’s of size to the market, others are skeptical that customers will gain. BT is certainly ambitious, wanting to build network across the country.

https://www.youtube.com/watch?v=Z0Md0e2WYII

Hollywood’s Kevin Bacon may not like waiting but BT’s competitors may try to delay this deal so that regulators can consider if BT is becoming just to big. BT rejects the charge, saying no one should be worried about the arrival of a new player in the mobile market.