O2 enters race to buy T-Mobile?

Hopes to beat rivals Vodafone for pink network

O2 has reportedly entered the race to buy ailing network T-Mobile, after Vodafone apparently has made noises about such a purchase too.

At this point, O2 is only interested in looking at the T-Mobile financial figures, and neither it nor Vodafone has begun such a process.

However, were either to buy T-Mobile, owned by Deutsche Telekom, it would create the largest customer base for a mobile provider in the UK at over 40% share.

Orange offer

Apparently rival network Orange has made repeated bids to buy T-Mobile over the years, but was rebuffed with a recent offer.

One problem is the network tie-up T-Mobile has with 3, where the two companies share coverage. It's believed Orange also wants to become part of this alliance after O2 and Vodafone already agreed such a deal.

Either way, it seems like it's only a matter of time before T-Mobile, which has apparently been under-performing for some time, will become part of another network in the UK.

Via The Guardian

ABOUT THE AUTHOR

Phones and Tablets Editor

Gareth (Twitter, Google+) has been part of the mobile phone industry from the era of the brick to the tiny device in the pocket... and now watching them grow back up to behemothic proportions once more. He's spent five years dissecting all the top phones in the world as TechRadar's Phones and Tablets Editor, and still can't resist answering the dreaded question - "which new phone should I get?" - with 15 choices.