- The battle to sell BT (NYSE:BT) a mobile operator is heating up, after the chairman of O2's Spanish owner, Telefonica (NYSE:TEF), flew to London yesterday on word that rival EE was willing to offer more attractive terms to seal a deal.
- "You can reasonably expect an announcement to be made by early next week, maybe as soon as this Friday," a source tells Reuters.
- BT has been in talks with Telefonica and EE's owners, Deutsche Telekom (OTCQX:DTEGY) and Orange (NYSE:ORAN) for nearly a month about a deal to buy one of the mobile operators.
- Previously: Report: BT opts for deal with O2, spurns EE