BT finalises £12.5bn deal to buy EE, promises 'seamless' service

Deal completed as a mobile giant is reborn

BT has finalised a deal worth £12.5 billion to buy network giant EE, stepping firmly back into the mobile market and looking to create a 'seamless' service for its customers.

Since it sold O2, BT has focused on its fixed line and broadband services, but has now deemed the time right to extend its service back into the mobile sphere.

"This is a major milestone for BT as it will allow us to accelerate our mobility plans and increase our investment in them, explained BT chief executive Gavin Patterson.

"The UK's leading 4G network will now dovetail with the UK's biggest fibre network, helping to create the leading converged communications provider in the UK.

"Consumers and businesses will benefit from new products and services as well as from increased investment and innovation."

Still a way to go

Things won't change overnight though, with the deal expected to be fully finalised at the end of the next financial year, ending March 2016. It's still got to go through the competition commission too, which could throw a spanner in the works.

The money will go to the joint owners of EE, Orange and Deutsche Telekoms, who will own 4% and 12% stakes respectively in BT as part of the deal.


Global Editor-in-Chief

Patrick (Twitter) is Global Editor-in-Chief for techradar, and has been with the site since its launch in 2008. He is a longstanding judge of the T3 Awards, been quoted or seen on everything from the The Sun to Sky News and is on the #CoolBrands Council. He started his career in football, making him one of approximately one journalists to have covered both a World Cup final and an iPhone launch.


Phones and Tablets Deputy Editor

John (Twitter, Google+) got his first phone aged 12 and since then he's been fixated on all things mobile, churning his way through a multitude of handsets, tablets and operating systems. Signalling his arrival at TechRadar by becoming a Guinness World Record holder in his first week (for the highest score on Super Mario Bros using a giant controller), John hasn't looked back since.