Pipex to sell to Tiscali for £210m

http://www.thinkbroadband.com/news/3...-for-210m.html
As suspected previously, Pipex are set to announce a £210million buy out of
its broadband and voice customers today following talks with Italian
competitor Tiscali. The Pipex brands encompassed 570,000 broadband customers
at the end of 2006. The growth of Pipex over recent years has seen them
consolidating Bulldog, Freedom2surf, Nildram and Toucan under the Pipex
group.

When put up for sale, Pipex hoped they would be able to sell the business as
a whole, but although initial interest looked promising, a complete buyout
for the company was never found. The fate for the rest of the business,
including hosting services and a Wi-Max venture is, as yet, unknown.

bhm wrote:
> http://www.thinkbroadband.com/news/3...-for-210m.html
> As suspected previously, Pipex are set to announce a £210million buy
> out of its broadband and voice customers today following talks with
> Italian competitor Tiscali. The Pipex brands encompassed 570,000
> broadband customers at the end of 2006. The growth of Pipex over
> recent years has seen them consolidating Bulldog, Freedom2surf,
> Nildram and Toucan under the Pipex group.
>
> When put up for sale, Pipex hoped they would be able to sell the
> business as a whole, but although initial interest looked promising,
> a complete buyout for the company was never found. The fate for the
> rest of the business, including hosting services and a Wi-Max venture
> is, as yet, unknown.

Freedom2surf and Nildram?!! really! I didn't know that.
Oh dear, look like they will all turn to shit.

--
Hog
'03 ST4S '96 Bastard12 '89 R100RS '81 XS650 '78 RD400

On Fri, 13 Jul 2007 11:31:25 +0100, Hog wrote:

> bhm wrote:
>> http://www.thinkbroadband.com/news/3...-for-210m.html
>> As suspected previously, Pipex are set to announce a £210million buy
>> out of its broadband and voice customers today following talks with
>> Italian competitor Tiscali. The Pipex brands encompassed 570,000
>> broadband customers at the end of 2006. The growth of Pipex over
>> recent years has seen them consolidating Bulldog, Freedom2surf,
>> Nildram and Toucan under the Pipex group.
>>
>> When put up for sale, Pipex hoped they would be able to sell the
>> business as a whole, but although initial interest looked promising,
>> a complete buyout for the company was never found. The fate for the
>> rest of the business, including hosting services and a Wi-Max venture
>> is, as yet, unknown.
>
> Freedom2surf and Nildram?!! really! I didn't know that.
> Oh dear, look like they will all turn to shit.

Yup - if we thought that Pipex was bad...!
--
Peter.
You don't understand Newton's Third Law of Motion?
It's not rocket science, you know.

On Fri, 13 Jul 2007 11:22:51 +0100, "bhm" <(E-Mail Removed)>
wrote:

>The fate for the rest of the business,
>including hosting services and a Wi-Max venture is, as yet, unknown.


It would be nice to see someone make a go of fixed wi-max. Since
acquisition upon acquisition led to the old tele2 wireless licence
falling into Pipex's lap, wimax has been floundering.

512k (long line) adsl is fast becoming inadequate for modern usage so
maybe wimax has a greater role to play than just supplying broadband
to remote outposts that don't have cables?


Jim.