Feeds

BT dismisses MMO2 reports

'Silly Season'

  • alert
  • submit to reddit

The Power of One Infographic

BT has distanced itself from weekend reports that it is planning to buy back MMO2 - the mobile business it spun off less than two years ago.

According to reports, investment banks have sidled up to BT suggesting that the telco borrows a stack of cash to buy back the mobile operator.

The story, though, has been dismissed as little more than an open shot at the beginning of the "silly season".

Dismissing the story a BT spokesman told The Register: "It is not surprising that this story appeared during August ("silly season") when City sources have too much time on their hands."

Last week, BT returned to the mobile mass market after confirming that it had teamed up with T-Mobile to offer a new service aimed at families. BT will plug the service while piggybacking on T-Mobile's network.

BT Mobile Home Plan (remember, the tariff is not just for mobile home owners) is the telco's first major step back into the mobile mass market since it flogged its mobile arm MMO2 almost two years ago. ®

Related Story

BT confirms return to mass market mobile

The Essential Guide to IT Transformation

More from The Register

next story
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
Major problems beset UK ISP filth filters: But it's OK, nobody uses them
It's almost as though pr0n was actually rather popular
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.