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| France Telecom 'planning C&W bid' |
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| message from {{{{{Welcome}}}}} on 22 Jun 2005 |
France Telecom is preparing a £4bn ($7.3bn; 5.9bn euro) takeover bid for
communications giant Cable & Wireless (C&W), the Sunday Telegraph has said.
The French firm hopes to consolidate its UK interests, such as mobile phone
operator Orange, and merge its internet business Wanadoo with C&W's Bulldog.
A tie-up would also give France Telecom greater access to the lucrative parts
of the business market.
Both France Telecom and C&W were unavailable for comment on the report.
Full article: http://news.bbc.co.uk/2/hi/business/4108510.stm
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| tim replied to {{{{{Welcome}}}}} on 22 Jun 2005 |
old news "Last Updated: Sunday, 19 June, 2005"
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| {{{{{Welcome}}}}} replied to tim on 22 Jun 2005 |
Yes it is and was, but noticed no mention was made here about it, so thought
many may have missed it.
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| tim replied to {{{{{Welcome}}}}} on 22 Jun 2005 |
I read it here. Apparently, France Telecom denied it.
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| Peter M replied to tim on 24 Jun 2005 |
Perhaps you could quote the message ID ? It's the first and only
mention I've seen of the suggestion. There was a piece earlier in
the month which mentioned France Telecom (a long newspaper article)
"BT and Wanadoo, which is owned by France Telecom, are developing TV
and video-ondemand services for broadband. " Peter Morgan.
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| Phil Thompson replied to Peter M on 24 Jun 2005 |
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/06/19/cnfrtel19.xml
(registration required)
"Any deal would see the merger of Bulldog, C&W's internet business,
with Wanadoo, France Telecom's subsidiary. It would also give Equant,
the French group's corporate telecoms provider, access to C&W's
multinational customers and to the higher margin segment of the
business market.
Combes also believes that owning C&W's British network would create
significant savings for Orange in the UK."
Phil
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| Peter M replied to Phil Thompson on 24 Jun 2005 |
Thanks. I was assuming the earlier poster was suggesting it had been
*posted* in uk.telecom.broadband, based on his comment and 'complaint'
that it was 'old news'. Peter M.
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| Phil Thompson replied to Peter M on 24 Jun 2005 |
someone quoted part of it, possibly in uk.telecom. I surrender :-)
Phil
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| Tony replied to tim on 23 Jun 2005 |
Probably true in that case!
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Archived message: France Telecom 'planning C&W bid' (UK Broadband - Wireless, ISP, Routers etc.)
