5/24/2013 10:49:44 AM
Vodafone pulls out of race for BT mobile deal
Vodafone has pulled out of the race to become BT’s mobile network partner in the face of strong competition from O2, according to reports.
The operator was competing against O2 and EE to deliver the mobile service for BT’s consumers and businesses.
Vodafone had previously provided a mobile service to BT for its 9000 staff and its business customers for nine years but the partnership ended after Vodafone’s acquisition of BT rival Cable & Wireless Worldwide last year.
Vodafone was in the bidding for a new contract with BT but sources say it pulled out after it could not match the terms offered by O2.
O2 is hotly tipped to win the bid. Industry sources claim O2 will use the deal to get closer to BT and buy some of its spectrum acquired in the 4G sale in January this year in a mutually beneficial deal.