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Britain's BT in Talks to Buy EE for $19B

2014-12-16 00:24:18| Wireless - Topix.net

BT on Monday confirmed is has entered exclusive talks to buy U.K. mobile operator EE from Germany's Deutsche Telekom and France's Orange for 12.5 billion pounds in cash and shares. In a statement , BT said the deal will allow it to "accelerate its existing mobility strategy" and offer "innovative, seamless services that combine the power of fiber broadband, Wi-Fi, and 4G."

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