Rumor - BT To Buy Back MMO2

In what BT spokespeople are dismissing as a press boondoggle during "silly season" (in the EU, not a great deal of business happens in August as many, many people are on holiday, yet the press still need to fill the papers) there have been reports that British Telecom is considering re-acquiring their old wireless arm, now named MMO2. This rumor is debunked as unlikely, and I would agree that it seems ridiculous that BT would launch an MVNO with T-Mobile networks, and then buy the competition. Yes, they are trying to be more active in wireless again, but buying MMO2 now would be a case of sell low, buy high.

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