BT said that if the deal completes Deutsche Telekom would hold a 12 percent stake in BT and would be entitled to appoint one board member, whereas Orange would hold a 4 percent stake. The French and German companies each owned 50 percent of EE.
I feel Ofcom may be reluctant to allow BT to be the most dominant mobile provider as well as the most dominant fixed-line provider. It will be an interesting one. I think BT buying O2 would have been an easier "sell" to the regulator.