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BT is unlikely to receive regulatory approval for its £12.5 billion takeover of EE until the end of the year, it has been claimed.

Olaf Swantee, Chief Executive Officer at EE, thinks the Competition and Markets Authority will take the whole of 2015 to make its assessment on the proposed deal, reports This is Money.

A number of BT and EE's rivals have raised concerns about the proposed acquisition, which would create the UK's largest fixed-line and mobile service provider.

There have been renewed calls for BT to spin off its infrastructure division Openreach into an entirely separate company, in order to avoid a conflict of interest.

Mr Swantee's view is that the BT takeover of EE should be signed off without any real difficulty.

"We believe that it could be a speedy approval, because BT is buying something it does not already have," he added.

However, the competition authorities have to consider input from all stakeholders, and this may mean an extended wait for the two broadband providers.

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