T-Mobile And Orange Are Coming Together

T-Mobile and Orange are planning to merge their operations in the United Kingdom, the creation of a giant mobile with 28.4 million customers.

If completed, an agreement between Deutsche Telekom, T-Mobile and Orange owner France Telecom see a company with sales of 9.4bn euros (8.2 billion, $ 13.5bn).

It is the largest supplier in the UK before Telefonica O2, with approximately 37% of mobile market.

This is the second activity of large firms in two days, after 10.2 billion for Kraft Food proposed takeover of Cadbury.

Orange and T-Mobile said its agreement – which was signed in November – would “bring substantial benefits to customers in the United Kingdom,” and promised to extend network coverage, network quality and better service customer.

However, it is likely that the competition authorities in the United Kingdom and the European Union will investigate the transaction.