BT is continuing with its own plans to offer customers "enhanced mobile services", including possibly acquiring another mobile network.
We continue to develop our own plans for providing enhanced mobile services to business and consumer customers, in line with our previous announcements.
We remain confident of delivering on these plans and have also been exploring ways of accelerating them, including assessing the merits of an acquisition of a mobile network operator in the UK.
The company confirmed shareholders had expressed interest in two networks and that one of them was O2.
It is believed the other network BT is looking at is EE.
O2's mobile business was originally BT Cellnet, before it was sold to Spanish multinational Telefonica in 2001 and re-branded.
Telecoms giant BT is in "highly preliminary" talks about buying mobile phone network O2.
The company said it had received "expressions of interest" from shareholders in two network operators, one of which is O2, about acquiring their UK mobile business.
In a statement BT said: "All discussions are at a highly preliminary stage and there can be no certainty that any transaction will occur."
Ex-minister Owen Paterson said David Cameron should apply to leave the EU immediately after the general election next year.Read the full story ›
Labour have welcomed reports that the Government is planning to criminalise emotional abuse.
But Shadow Home Secretary Yvette Cooper claimed the number of domestic violence cases being prosecuted under current laws was falling.
We have called for Theresa May to strengthen the law on domestic violence for some time, so I hope these suggested measures make a difference.
However, the government is still doing too little to enforce the present law, where the proportion of domestic violence cases reaching prosecution or conviction is falling, even though reported cases are going up. under Theresa May domestic violence courts and refuges are closing and specialist domestic violence police officers are being cut.
Unfortunately despite the measures being briefed today, under Theresa May the clock is being turned back on violence against women.
The Bank of England is investigating whether its staff knew of - or even aided - the possible manipulation of auctions during the financial crisis, the Financial Times (£) reported.
The formal investigation was reportedly launched this summer. Sources told the FT the probe was assessing whether BoE money-market auctions in late 2007 and early 2008 were rigged to pump liquidity into the banking system.
A BoE spokesman told Reuters he could not comment on the details in the report.
"If the bank were conducting an investigation or review of any of its activities, as it does from time to time, it would be wholly inappropriate to provide a running commentary via the press," he added.
Insurance companies Aviva and Friends Life are set to merge, it was confirmed today.
The parties are in the advanced stage of talks about a possible deal.
If it goes ahead, it would be the UK's leading insurance, savings and asset management business, with 16 million customers.
Shadow chancellor Ed Balls said the Chancellor's decision not to pursue a challenge to an EU cap on banker bonuses "is a humiliating climbdown".
Mr Balls also accused the Chancellor of trying to "sneak out" the decision under the cover of the Rochester and Strood by-election.
He added: "The Chancellor revealed his true priorities when he decided a year ago to spend taxpayers' money fighting a bank bonus cap while working families face a cost-of-living crisis. He should tell taxpayers how much money he has now wasted on this challenge, which we warned him against.
"Labour will reform the banks and levy a tax on bank bonuses to fund a paid starter job for young people out of work for over a year."
Britain said it was withdrawing its legal challenge to a European Union limit on bankers' bonuses because it was "unlikely to succeed".
In a statement Chancellor George Osborne said: "I'm not going to spend taxpayers' money on a legal challenge now unlikely to succeed.
"These rules may be legal but they are entirely self-defeating, so we need to find another way to end rewards for failure in our banks."
Chancellor George Osborne says Britain has withdrawn a legal challenge to the European Union's bank bonus cap, Reuters news agency reports.
The Royal Bank of Scotland was fined for "very serious" failings that left customers unable to access "basic banking services", said Tracey McDermott from the Financial Conduct Authority.