BT Flipping the "Buy EE" or "Buy O2" Coin Next Week

By Gary Cutlack on at

Sources claim BT's currently having lots of meetings with itself over the thorny issue of the quad-play future, with its rumoured bids for O2 and EE apparently coming to a head next week.

According to sources quoted by Reuters, Telefonica's Chairman is in the UK to discuss final terms for selling O2's operations to Vodafone, while Orange and Deutsche Telekom have apparently agreed to sign a deal on the similar terms to that offered to O2 to help shift their EE business.

The sources also claim Three, owned by international megacorp Hutchinson, could then buy whichever network BT rejects. [Reuters]