Posted: 30th May, 2006 By: MarkJ
Weekend reports suggest that BT could be the takeover target of German operator Deutsche Telekom, although we hear things like this every other month and they never amount to anything:
The Telegraph quotes a source from Deutsche Telekom who describes the idea of a bid as "crackers" and that "members of the board would be horrified".
Analysts at Ovum are equally sceptical, describing talk of any takeover of BT by Deutsche Telekom as "unlikely".
Why? Well, analysts point out that the £25bn price tag is a bit steep - even for Deutsche Telekom - and they are concerned the firms might not actually be a very good fit.More @
The Register.