BT is buying EE for £12.5 billion

The telecoms company wants to be your one-stop-shop service

BT has finalised a deal to snap up EE for a rather hefty £12.5 billion.

The move sees the telecoms giant step back into the mobile market after previously selling O2, and follows news of Three buying out O2 for £10.25 billion last month.

The merging together of both companies will make BT a formidable force to be reckoned with, thanks to a combination of EE's most advanced 4G mobile network, and BT's largest telecom and broadband network.

Changes as a result of the deal won't take place straight away, as it's schedule to be finalised at the end of the financial year (March 2016).   It's not clear what changes, if any, existing BT and EE customers can expect to see, but we'll keep you updated with all the relevant info as soon as we have it.   READ MORE: Three is forking out £10.25 billion to snap up O2