Two big phone companies looking to join!
Two of the largest phone companies in the United Kingdom, T-Mobile (owned by Deutsche Telekom) and Orange (French Telekom) are looking to further their companies by merging as one. They both currently sit behind O2 and Vodafone, with Orange at 3rd and T-Mobile in fourth. By joining together, the net profit is obviously expected to increase and both companies would total their profits 50/50, meaning they would have over 37% of the United Kingdom’s mobile phone user base. This expected statistic would make them the leading phone company in the United Kingdom (being 10% above O2).
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Posted by Paul