5/18/2015 1:40:28 PM
BT submits to CMA, claims EE deal will ‘enhance competition’
BT has revealed its argument for the acquisition of EE, following its submission to the Competition and Markets Authority (CMA).
In a statement BT said: ‘Central to BT's argument is the fact that the proposed acquisition will not reduce competition in either the fixed or mobile markets and will in fact enhance it, with the number of UK mobile network operators remaining at four. The ability of BT’s landline and mobile rivals to compete with BT using its arms-length Openreach network will be unaffected by the acquisition.’
BT has requested that the CMA proceed directly to a Phase 2 investigation in order to shorten the review period, with the regulator due to confirm in three weeks as to whether that will be the case.
BT expects the EE acquisition to be complete by the end of March 2016.
See our Mobile in 60 seconds BT special to learn more.