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T-Mobile UK and Orange to Merge Tuesday, September 08, 2009 - Ehud Rattner Home >> Headlines >> General Technology   
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T-Mobile UK and Orange are to merge - becoming the UK's biggest mobile phone firm with 28.4 million customers. The deal between Orange owner France Telecom and Deutsche Telekom's T-Mobile UK will create a business with sales of 9.4bn euros ($13.5bn). The merged firm will have about 37% of the UK mobile market - overtaking the current leader, Telefonica's O2. It is the second large corporate deal in two days, after Kraft Food's GBP 10.2bn takeover proposal for Cadbury. (source: news.bbc.co.uk)
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