Blog Post

Three UK owner also considering EE or O2 buy, report claims

The one-time U.K. monopoly carrier BT may be sniffing around O2 and EE as it considers how best to get back into the mobile carrier game, but it seems it’s not the only one. According to a Reuters report, Hong Kong’s Hutchison Whampoa is also considering a bid for one of those companies. Hutch already owns Three, the smallest U.K. mobile network operator, so this would reduce the number of network-owning cellular players in the country down to three (the other being Vodafone). Three and EE already have a network-sharing deal that involves a joint venture called MBNL, so integration would be easier on that front. EE is jointly owned by Germany’s Deutsche Telekom and France’s Orange, and O2 by Spain’s Telefonica.