4/27/2009 12:56:00 PM
Carphone in talks with Tiscali again after price drop
Financial Times, Guardian,
Speculation has mounted that Carphone Warehouse has renewed talks with Tiscali to buy its beleagured UK arm after a significant price drop.
According to sources close to the process, Carphone and the Italian telecoms group, Tiscali are currently in negotiations. It is understood the price of the broadband company has dropped significantly from £600m to £250m
The retailer pulled out of talks last year after it refused to meet the proposed price and its £550m offer was refused. Tiscali’s talks with British Sky Broadcasting (BSkyB) also caved earlier this year.
O2 and Vodafone may keep 900MHz spectrum
The Government is considering allowing O2 and Vodafone to keep the 900MHz spectrum that they were granted in the 1980s, but could ban them from taking any of the spectrum that will become available when analogue TV is switched off in 2012.
3’s CEO Kevin Russell positive amidst recession
3 remains positive amist recession as strategy on data services is introduced.
Losses at the group, which hit £1.4 billion five years ago, were reduced this year to only £152 million. The network now has 4.9 million customers —8 per cent of the UK market
3’s strategy is to lure in customer with value for money deals such as Skype then encourage spend on other services.
Kevin Russell told the Guardian recently: ‘Mobile is a great product in a recession. People might relinquish their gym membership or golf club pass,” he insisted, “but they will always cling on to their phone.’