By Daniel Hunter

The owners of EE mobile phone network have confirmed that it is in talks over a possible takeover with BT.

BT yesterday (Tuesday) said it was in talks to buy O2 from Telefonica. And now Deutsche Telekom and Orange are keen for BT to purchase the EE network.

BT has made clear its intentions to buy a mobile network in an attempt to increase its offering in competition with Sky and Virgin Media.

BT's share price was up 3.1% after EE's owners revealed the two were in talks.

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