Mike-Rake-600x700-e1452515877902BT will consider Deutsche Telekom link-ups following EE deal

Richard Handford

BT will look at potential joint ventures with Deutsche Telekom once the German incumbent becomes its largest shareholder following the closure of the EE acquisition, according to a Financial Times interview with BT chairman Sir Mike Rake.

The UK company is in the process of acquiring EE, the UK’s largest mobile operator, for £12.5 billion, a deal that is set to close during the first quarter of 2016. Following the acquisition, EE shareholder Deutsche Telekom will retain a 12 per cent stake in BT.

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