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Britain's BT in talks to buy mobile operator EE
2014-12-15 22:00:22| Telecom - Topix.net
BT Group PLC said Monday it is in exclusive talks to buy mobile phone operator EE from Germany's Deutsche Telekom and France's Orange for 12.5 billion pounds in cash and shares. BT, Britain's biggest home telephone and Internet provider, announced last month that it was planning to re-enter the mobile market, which it left in 2001.
BT enters exclusive talks to buy EE for GBP 12.5 billion
2014-12-15 21:10:00| Telecompaper Headlines
(Telecompaper) BT has entered into exclusive talks to acquire UK mobile operator EE from Deutsche Telekom and Orange for GBP 12.5 billion in cash and new shares. Under the non-binding terms agreed, Deutsche Telekom would hold 12 percent of BT and would be entitled to appoint a member to the BT board. Orange would own 4 percent of BT. The period of exclusivity will last several weeks to allow BT to complete due diligence and for negotiations on a definitive agreement to be reached. While continuing discussions, BT will progress its own plans for providing enhanced fixed-mobile converged services for businesses and consumers, in line with previous announcements, and remains confident of delivering on these plans should a transaction not take place. BT expects significant synergies mainly through network and IT rationalisation, back-office consolidation and savings on procurement, marketing and sales costs. In addition, BT expects to generate revenue synergies through selling fixed-line services to EE customers who do not currently take a service from BT, and by accelerating the sale of converged fixed-mobile services to BT's existing consumer and business customers.
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BT in talks to buy EE for 12.5bn
2014-12-15 18:29:10| BBC News | Business | UK Edition
Telecoms giant BT is in exclusive talks to buy EE - Britain's largest mobile network group - for 12.5bn.
Late deal in Lima saves UN climate talks from collapse
2014-12-15 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: UN talks in Peru have concluded with agreement on a pathway towards a deal to address climate change in Paris next December. With the summit 33 hours in overtime the 195 countries taking part finally agreed to adopt a four page document that explains the types of national climate targets they will need to deliver in the next six months. Under the proposals the world`s leading economies will still need to reveal how they will slash carbon emissions by March 2015, with others following by June....
Weak deal at Lima climate talks disappoints climate hawks
2014-12-15 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: The U.N. climate summit kicked off two weeks ago with an unfamiliar sense of optimism, invigorated by the recent agreement between the United States and China. But it ended with an all-too-familiar sense of disappointment. On early Sunday morning, delegates delivered a vague, four-page document that does little more than set the terms for what the parties will be battling over at the next big summit in Paris a year from now. After two weeks huddled in sweaty, sweltering tents (yes, many a greenhouse...
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