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Read this: Wave of merger mania could change the face of UK telecoms industry | Business | The Observer

Summary: Convergence has come to our mobile phones, laptops and TV screens and now it is the turn of Britains fragmented communications industry. BT revealed last week that it was considering buying the mobile network O2, and is also in early-stage talks with the UKs largest network, EE. Investment bankers are alert to the prospect that BTs dive back into mobile, 13 years after spinning off the company that became O2, will trigger copycat mergers across the telecoms and pay-TV sector. -

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