The bid is reportedly being masterminded by former EE CEO Tom Alexander, who is said to have held discussions with KKR and another private equity group Apax, according to the Financial Times. The operator, formed by the merger of T-Mobile and Orange in the UK, dismissed the reports in a statement.
The idea that EE might be an acquisition target for a high street retail specialist reflects the operator’s evolved position. It no longer manages its own 3G network, having devolved responsibility for this to the MBNL shared venture with 3UK, which has seen T-Mobile, 3UK and Orange pooling together infrastructure equipment and tower sites.
Monday, June 18, 2012
Everything Everywhere - Speculation that it might be acquired by venture capitalists or a high street retailer
Telecoms.com speculates that venture capitalists are interested in acquiring Everything Everywhere.