Today's news digest is dominated by merger and acquisition activity, and especially the role of regulators in allowing big deals to be consummated... or not.
Nordström, one of the industry's most respected analysts, has previously said that a merger between 3 and O2 would provide a counterweight to BT Group plc (NYSE: BT; London: BTA), which completed its own £12.5 billion ($17.5 billion) takeover of mobile market leader EE earlier this year. An EU decision on Hutchison's takeover of O2 is expected to be announced by April. (See UK Needs O2/3 to Challenge BT/EE – Analyst.)
— Iain Morris, , News Editor, Light Reading