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Orange and T-Mobile merger
Yesterday, news channels were littered with headlines concerning the possibility of two major mobile network carriers - T-Mobile, and Orange becoming one under plans to merge their two businesses. T-Mobile is currently the fourth-largest mobile operator in the UK, with a 15% share of the market. O2 has a 27% share, followed by Vodafone (25%) and Orange (22%). Source: BBC News T-Mobile, currently owned by Deutsche Telekom and Orange, currently owned by Frange Telecom - would see a firm with sales of 9.4bn euros (£8.2bn; $13.5bn). This would make the proposed company the largest mobile carrier in the UK, stumping O2 with roughly 37% of the mobile market.
Yesterday, news channels were littered with headlines concerning the possibility of two major mobile network carriers - T-Mobile, and Orange becoming one under plans to merge their two businesses. T-Mobile is currently the fourth-largest mobile operator in the UK, with a 15% share of the market. O2 has a 27% share, followed by Vodafone (25%) and Orange (22%). Source: BBC News T-Mobile, currently owned by Deutsche Telekom and Orange, currently owned by Frange Telecom - would see a firm with sales of 9.4bn euros (£8.2bn; $13.5bn). This would make the proposed company the largest mobile carrier in the UK, stumping O2 with roughly 37% of the mobile market.