first_img whatsapp Oliver Smith Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof whatsapp Sharecenter_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald BT IS expected today to reveal the outcome of takeover talks with O2 and EE, as it looks to buy one of the mobile groups for around £10bn.A deal, which would be funded by a mixture of BT stock and cash, is part of the firm’s strategy to move into so-called quad play by adding mobile to its existing offering of broadband, TV and fixed line telephone services.BT has been in talks with O2’s Span­ish owner Telefonica and EE’s owners, Orange and Deutsche Telekom, for nearly a month about a deal to buy one of the mobile operators. Both are thought to have told BT they are willing to accept shares as part of a deal to reduce the cash bill. EE is likely to cost between £10bn and £11bn, while O2 is valued at between £9bn and £9.5bn.On Thursday the chief executive of Telefonica, Cesar Alierta, reportedly arrived in London to hammer out details of a deal with BT.BT is unlikely to fund the cash portion of any deal entirely through debt, which has fallen steadily to around £7bn, down from £30bn in 2001. “A fully debt-financed deal…would probably push its leverage outside the range of the Baa2 rating category,” said Moody’s vice president Ivan Palacios. “It would also reduce the company’s flexibility to bid in the upcoming Premier League rights auction and to face potential higher cash contributions to the pension plan as a result of the ongoing triennial actuarial pension review.” Instead BT is likely to use a mixture of debt and a rights issue to fund the cash portion of any deal.Meanwhile, the Premier League also announced on Friday that it had kicked off the bidding process for live domestic TV rights for the three seasons from August 2016. Sunday 14 December 2014 11:41 pm BT set to unveil result of mobile takeover talks last_img