Telecoms in Europe seek acquisitions

Started by Noreen, May 06, 2008, 11:01:25

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Rik

We seem to be moving towards a new era of multi-nationalism, where the European firms are often the hunter these days. I wonder how the American legislators will react?
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

madasahatter

Another step in the globalisation direction - me no like  :(

Tacitus

Actually I rather like the look of Spanish Telecom the owners of O2.  They seem to be quite well advanced with Femtocells which look like being the next 'big thing'.  I'm always wary of those outfits that go on the M & A trail, as it's often a sign they've run out of ideas.

Rik

Don't let In hear you say that, Tac, he has a passionate dislike of ST. ;)
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Noreen

QuoteCarphone Warehouse is selling a half share in its retailing business to US firm Best Buy for £1.1bn.

The deal is intended to create a powerful new force in UK and European electronics and electrical retailing.

Reports suggest some of the war-chest may be used to buy the UK business of broadband firm Tiscali.............
http://news.bbc.co.uk/1/hi/business/7389291.stm

Rik

I can think of no better home for Tiscali than Talk Talk. :)

It will make them a major force in the ADSL market, though.
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Gary

Quote from: Rik on May 08, 2008, 09:51:36
I can think of no better home for Tiscali than Talk Talk. :)

It will make them a major force in the ADSL market, though.
And impossible to get away from should you be unlucky enough to join the complete package like talk talk offer already, they are I think pure evil as far as marketing is concerned
Damned, if you do damned if you don't

Noreen

QuoteCarphone Warehouse fell 21p to 268p amid fears that Best Buy's £1.1 billion cash injection would not be enough to fund the British company's ambitions to buy Tiscali and take on BT in the broadband market.

Michael Williams, of Citigroup, maintained his "sell" advice with a 290p price target, saying that the Best Buy deal would not solve Carphone's "deteriorating cash position".

The group appeared to be struggling to convert sales income into cashflow, he said, as the costs of marketing and of signing up new customers in the fiercely competitive broadband market soar. Of the bidders for Tiscali, Carphone is the one that needs it most, so that TalkTalk can leapfrog BT to become the market leader.
http://business.timesonline.co.uk/tol/business/markets/article3904610.ece

Rik

Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Noreen

It must be awful for the broadband customers of the various Tiscali ISPs, wondering where they are going to land up.

Rik

OTOH, maybe they are all singing "Things can only get better"? ;)
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

Quote from: Rik on May 08, 2008, 08:50:54
Don't let In hear you say that, Tac, he has a passionate dislike of ST. ;)

Correct, Telefonica, the name for the Spanish equivalent of BT are thieving, monopolistic barstewards, in Spain.

They charge 39 Euro's a month for a IMB Connection, take it or leave it, they stop any competition in it's tracks, they put 2 fingers up at the EU Legislator's and just pay the imposed fines, they can afford to.
Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

Rik

OTOH, they do have such awfully nice vans. ;)
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

Read " did have " most of them have gone, subbed out to little Mickey Mouse outfits, in beat up heaps.
Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

Rik

Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

Exactly Rik, a similar company ethos as well.. >:D

( As in stuff the customers needs ).
Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

Rik

The quality of service is not strain'd,
It droppeth as the gentle rain from heaven
Upon the place beneath: it is twice blest;
It blesseth him that gives and him that takes:
'Tis mightiest in the mightiest: it becomes
The throned monarch better than his crown;
His sceptre shows the force of temporal power,
The attribute to awe and majesty,
Wherein doth sit the dread and fear of kings;
But service is above this sceptred sway;
It is enthroned in the hearts of kings,
It is an attribute to God himself;
And earthly power doth then show likest God's
When service seasons justice. Therefore, Jew,
Though justice be thy plea, consider this,
That, in the course of justice, none of us
Should see salvation: we do pray for service;
And that same prayer doth teach us all to render
The deeds of service. I have spoke thus much
To mitigate the justice of thy plea;
Which if thou follow, this strict court of Venice
Must needs give sentence 'gainst the merchant there.


With apologies to the Bard. :)
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

madasahatter

Latest on the great Tiscali sell off here

Rik

Seems like the bidders are being more realistic than the sellers.  :eyebrow:
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

madasahatter


Rik

I can see the attraction for Vodafone, it will make the mobile market 'interesting' if it goes ahead - more bundles ahead I suspect. :)
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Glenn

It's a lot of money for an ISP that is not profitable
Glenn
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Rik

Any amount would be, of course. I completely fail to see the logic in buying a company that has never made a profit. I guess that's why I don't drive a Porsche etc.
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

They are just buying their mug customer base, many stitched in to long contracts, many not knowing any better. ;)
Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

Rik

But if they are losing money on those customers, what do they gain?
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

Inactive

Increase prices at the drop of a hat, offer them a " deal " on their mobile phone set up as a sweetener to stay, other than that, like you, I have no idea. ;)
Anything and everything that I post on here is purely my opinion, it ain't going to change the world, you are under no obligation to agree with me, it is purely my expressed opinion.

madasahatter

Quote from: Rik on Jun 04, 2008, 10:24:54
But if they are losing money on those customers, what do they gain?

I think in the case of Vodafone it's a ready made customer base to sell their moby contracts etc to

Rik

That's the only thing which makes sense, Mad, with the long-term aim of being able to sell complete packages.
Rik
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This post reflects my own views, opinions and experience, not those of IDNet.

madasahatter

I often wondered why Vodafone hadn't until now gone down this route as Orange and O2 have. I suppose doing it this way they don't have any of the network start up costs - it's all there ready and waiting for them. :clever:

Rik

Rik
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This post reflects my own views, opinions and experience, not those of IDNet.