Read more.Deal will be partly financed by a £1bn BT share issue.
Read more.Deal will be partly financed by a £1bn BT share issue.
They should call themselves BTEE...
BE ET
I can see the adverts now.
How about EEIL ... Everything Everywhere (In London).
Be interesting to see how aggressive BT wanna be with their new purchase. I think EE has the potential to do very well, if they up the caps and drop 4G prices.
BT spends 12.5BN on a mobile company after originally selling O2 (well cellnet)... which lets be honest doesn't exactly help the consumer in any way, I doubt the prices will change or signal in my area (ee is junk here).
I also find it comical in that they constantly moan about lack of funds for upgrading landlines yet can spend 12.5BN on EE.....I'm pretty sure 12.5BN could get a LOT of fibre optic cable and other hardware
Quick look says BT can save £350 million a year in operating costs.....and gain £1.6 billion a year in revenue. Guess for them it's not that bad a deal
However, as will be said I doubt it's good for consumers. I'm more worried about 3 buying O2 which also seems likely to happen as then the consumer will be royally screwed
Old puter - still good enuff till I save some pennies!
Less competition and less choice. (and no BT I'm not upgrading to a quad package thanks very much).
I wish people would give BT a fair try. They get slated a lot. I have had zero problems with my Infinity connection at home. While my connection with VM was down at least once a week. I would consider moving to EE (from GiffGaff) if they had a good package deal setup.
I did .... and left swearing never to go back. Now it looks like they're buying my mobile provider (and my phone is not unlockable). Oh well, time for a new phone, I guess.
My main objection to this, and apparently it yet has to get past the competition commission, is that while size works for consumers up to a point (economies of scale, etc), there comes a point after which increasinly dominant players start to act in an increasingly arrogant manner. That is, for consumers to get a fair shake, there MUST be adequate competition.
IMHO, the service provider market already was too oligopolistic, and it's heading in the direction of duopoly which, despite any short-term carrots they offer, will no doubt have a large long term stick attached.
My vote, if I had one (and by a strange coincidence, I do) will be "no".
Does anybody even pretend to check these deals aren't anti-consumer any more? It's obvious that every time BT rubbishrubbishrubbishrubbishrubbishs a load of cash expanding their business (football rights in particular) it's the captive audience of people with no real choice but to pay their BT tax for a landline that will end up subsidising it if fails to be instantly successful.
well time to start looking for a new isp .. hate bt first they screwed me over then bought be* and did it again now they buy ee ffs can we not get away from them ..
not much choice left ..
What does it matter now if men believe or no?
What is to come will come. And soon you too will stand aside,
To murmur in pity that my words were true
(Cassandra, in Agamemnon by Aeschylus)
To see the wizard one must look behind the curtain ....
Thought BE were bought by sky.
I'll be leaving EE then when my min contract is up then. Should be way before any of this takeover has any effect.
The EE community site appears to have more people upping sticks against BT than supporters.
There are currently 1 users browsing this thread. (0 members and 1 guests)