The Traderszone Network

Published in TZ Latest News 5 February, 2015 by The TZ Newswire Staff

BT agrees EE deal, to raise $1.5 billion via a placing

The group, the country’s biggest fixed-line telecoms provider, had spent the last few weeks in exclusive talks with the owners of EE, Orange (ORAN.PA) and Deutsche Telekom (DTEGn.DE), about a deal. “This is a major milestone for BT as it will allow us to accelerate our mobility plans and increase our investment in them,” BT Chief Executive Gavin Patterson said.