LONDON (Reuters) - The board of BT (L:BT) was meeting on Tuesday and will discuss the possible acquisition of British mobile operators O2 or EE, a person familiar with the situation said.
The meeting was a routine event and not especially scheduled to discuss the possible takeover options, the person said.
BT has been in talks with O2's owner Telefonica (MC:TEF) and with the parent firms of O2's larger rival EE to discuss buying one of the mobile operators.
The move would turn BT into a powerhouse not only in fixed-line broadband, but also mobile, at a cost of between 9 billion pounds and 11 billion pounds.
EE, Britain's leading mobile operator, is jointly owned by France's Orange (PA:ORAN) and Germany's Deutsche Telekom (DE:DTEGn).
BT declined to comment.
(Reporting by Kate Holton; editing by Jason Neely)