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As such, it is initially retaining a 2.66pc stake in BT, but if exchange rights are fully exercised, it would retain a 1.33pc stake in BT. could be excellent news! Also, Talk Talk was supposed to be changing carriers from Vodafone to O2 for their mobile service (Sept 2016).However, as I remember, Orange was taken over by EE (EE formerly being T-Mobile Orange). O2 unsuccessfully tried to merge with Three and remains owned by Telefonica while Vodafone remains independent."Is the future Orange, they have sold their stake in B. They appear to have sold about 1/3 of their stake in BT ...but Orange also launched an offering of four-year convertible bonds exchangeable into BT shares for £520m, equal to another third of its stake.

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