3/30/2009 11:29:00 AM
Rumours resurface of Carphone Warehouse bid for Tiscali
Carphone Warehouse is considering a last minute bid for Tiscali's UK broadband business after withdrawing from talks last year.
The retailer’s home broadband division Talk Talk is hoping to snap up Tiscali for a bargain price. The Italian broadband provider is on the verge of administration and has a £558m debt.
Talks between BskyB and Tiscali collapsed recently. BskyB has not ruled out re-entering negotiations.
Vodafone Africa ambitions have been emphasised with the appointment of Sam Jonah, one of the biggest names in African business, as a non-executive director.
Sir John Bond, Vodafone’s chairman, said Mr Jonah would bring extensive experience of business in Africa, particularly South Africa and Ghana, where the group has recently made big investments.