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| BT takeover of EE gets final Competition and Markets Authority clearance | |
| (35 minutes later) | |
| BT Group's takeover of mobile phone network EE has been given final clearance by the Competition and Markets Authority (CMA). | BT Group's takeover of mobile phone network EE has been given final clearance by the Competition and Markets Authority (CMA). |
| The CMA said the £12.5bn deal was unlikely to cause significant harm to competition. | The CMA said the £12.5bn deal was unlikely to cause significant harm to competition. |
| The deal will create a communications giant covering fixed-line phones, broadband, mobile and TV. | The deal will create a communications giant covering fixed-line phones, broadband, mobile and TV. |
| The takeover brings together the UK's largest fixed-line business and the largest mobile telecoms business. | The takeover brings together the UK's largest fixed-line business and the largest mobile telecoms business. |
| John Wotton of the CMA said: "The evidence does not show that this merger is likely to cause significant harm to competition or the interests of consumers." | |
| BT chief executive Gavin Patterson said: "The combined BT and EE will be a digital champion for the UK, providing high levels of investment and driving innovation in a highly competitive market." | |
| The deal was originally announced in February last year, and the CMA provisionally approved the merger in October last year. | |
| Rivals TalkTalk and Vodafone called for competition authorities to force BT to spin off its Openreach operation. |