The UK's Competition and Markets Authority (CMA) cleared BT's planned £12.5 billion (€16.5 billion/$17.9 billion) acquisition of EE from Orange and Deutsche Telekom, saying the merger is not expected to result in a substantial lessening of competition in any markets in the UK.
BT has named Clive Selley as the new CEO of its Openreach division, replacing Joe Garner, who is leaving the company to become CEO of the UK's Nationwide Building Society.
BT intends to retain the EE brand for its main mobile service once it has completed a £12.5 billion (€16.69 billion/$18 billion) acquisition of the UK mobile operator, according to a report in the Financial Times.
AT&T, CenturyLink, Level 3, Verizon Business and a host of other service providers got their tickets to participate in the U.S. Department of Defense's Defense Information Systems Agency (DISA) to compete for contracts worth up to $4.3 billion.
U.K. broadband provider Gigaclear is testing an ultra-fast 5-Gig broadband service that enables customers to download a video in just a few seconds. The company said the 5-Gig service will be commercially available in early 2016 and will cost consumers $610 per month and businesses $2,289 per month.
Joe Garner, CEO of BT Openreach is leaving the company to become the CEO of Nationwide Building Society. Garner, who took the reins of Openreach from Olivia Gardner in 2014, will assume his new post in spring 2016 after the company finds a replacement.
BT received provisional clearance to acquire mobile operator EE, after the UK Competition and Markets Authority (CMA) decided that the move would not substantially lessen competition in any market in the UK.
BT and Alcatel-Lucent have completed a demonstration of XG.fast technology during which the service provider was able to deliver more than 5 Gbps over its existing copper pairs.
It is good that arguments for and against consolidation, including the proposed mergers of BT and EE, of O2 and Three, and the possible structural separation of BT's network from its downstream operations in the UK are being based on extensive evidence and analysis. Nevertheless, that still does not make it easy to make sense of all the facts and figures being selectively presented for and against the proposed changes, and from which markedly differing conclusions are being drawn by protagonists and antagonists respectively.
It has been widely speculated this week that Deutsche Telekom is considering selling its mobile unit in the Netherlands in a deal that could be worth almost €5 billion ($5.7 billion). Although not confirmed, one reason for a potential sale would likely be that T-Mobile Netherlands is one of the few pure-play mobile operators in the German company's portfolio.