C&W Confirms Energis Interest
Posted: 25th Jul, 2005 By: MarkJ
Cable & Wireless (C&W), which recently acquired troubled ISP Bulldog, has confirmed earlier reports of its interest in Energis:
Chairman Richard Lapthorne told investors on Friday that the UK telco is considering making a bid for the alternative telco but said it was too early to say whether a deal would be inked.
Speaking on Friday Lapthorne said: "We remain active in the area of corporate development and we are approaching the stakeholders of Energis concerning a possible acquisition. We cannot be certain that a transaction will result and a further announcement will be made in due course."
A week ago Energis and C&W refused to dismiss press reports that they had hired financial advisors to help set up a £700m acquisition leading to an enlarged group with revenues of around £2.3bn.
More @ The Register.
Chairman Richard Lapthorne told investors on Friday that the UK telco is considering making a bid for the alternative telco but said it was too early to say whether a deal would be inked.
Speaking on Friday Lapthorne said: "We remain active in the area of corporate development and we are approaching the stakeholders of Energis concerning a possible acquisition. We cannot be certain that a transaction will result and a further announcement will be made in due course."
A week ago Energis and C&W refused to dismiss press reports that they had hired financial advisors to help set up a £700m acquisition leading to an enlarged group with revenues of around £2.3bn.
More @ The Register.
Latest UK ISP News
Cheap BIG ISPs for 100Mbps+
150,000+ Customers | View More ISPs
Cheapest ISPs for 100Mbps+
Modest Availability | View More ISPs
Latest UK ISP News
Cheap BIG ISPs for 100Mbps+
Large Availability | View All
Helpful ISP Guides and Tips
Sponsored Links
The Top 15 Category Tags
- FTTP (7073)
- BT (3968)
- Politics (3182)
- Business (2895)
- Openreach (2757)
- Mobile Broadband (2595)
- Building Digital UK (2567)
- Statistics (2202)
- 4G (2190)
- FTTC (2162)
- Virgin Media (2116)
- 5G (1855)
- Ofcom Regulation (1836)
- Fibre Optic (1644)
- Wireless Internet (1634)
Sponsored
Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules