Quote:
Originally Posted by Horizon
There are the incumbent European telcos for a start, and its interesting that Deutsche Telekom and France Telecom will own a part of BT if the BT buyout of EE goes ahead. Could this be a future signal to a three way tie up between the 3 biggest European telecos as a defensive measure against Murdoch and others?? And there are all the other European telcos too like Telefonica, KPN etc.
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It's a signal that BT don't have £12.5 billion in cash handy and have to finance part of the acquisition in shares.
Telefonica want out of the UK market, that's why they want shot of O2's mobile business having gotten rid of the ISP/landline business. KPN seem to be focusing on retail more and network operations less. Given KPN was recently protected from a hostile takeover by the Dutch government the odds of them giving up the company, it's worth less than £10 billion, as a minority partner in a merger with a larger UK business seem slim.
---------- Post added at 15:40 ---------- Previous post was at 15:39 ----------
Quote:
Originally Posted by Pierre
Not quite that simple though is it. Vodafone are still saddled with all bits of C&W they didn't want several years after buying them.
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Another option is to spin them off into separate businesses. Not really an option with sections of C&W while cable companies are somewhat more self-contained.