France Telecom 'planning C&W bid'

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

{{{{{Welcome}}}}} wrote:
> 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
>
>

old news "Last Updated: Sunday, 19 June, 2005"

Thus spaketh tim:
> {{{{{Welcome}}}}} wrote:
>> 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
>>
>>
>
> old news "Last Updated: Sunday, 19 June, 2005"


Yes it is and was, but noticed no mention was made here about it, so thought
many may have missed it.

{{{{{Welcome}}}}} wrote:
> Thus spaketh tim:
>
>>{{{{{Welcome}}}}} wrote:
>>
>>>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
>>>
>>>
>>
>>old news "Last Updated: Sunday, 19 June, 2005"
>
>
>
> Yes it is and was, but noticed no mention was made here about it, so thought
> many may have missed it.
>
>

I read it here. Apparently, France Telecom denied it.

On Wed, 22 Jun 2005 23:37:18 +0100, tim <(E-Mail Removed)> wrote:


>
>I read it here. Apparently, France Telecom denied it.


Probably true in that case!

--
Tony )

On 22 Jun 2005 23:37, tim <(E-Mail Removed)> wrote:

>I read it here. Apparently, France Telecom denied it.

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.

On Fri, 24 Jun 2005 10:46:59 +0100, Peter M <us-(E-Mail Removed)>
wrote:

> It's the first and only
>mention I've seen of the suggestion.

<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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On 24 Jun 2005 14:50, Phil Thompson wrote:

>> It's the first and only mention I've seen of the suggestion.

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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On Fri, 24 Jun 2005 14:58:41 +0100, Peter M <us-(E-Mail Removed)>
wrote:

> 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'.

someone quoted part of it, possibly in uk.telecom. I surrender :-)

Phil
--
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