Telecoms in Europe seek acquisitions

[Inactive]

They are just buying their mug customer base, many stitched in to long contracts, many not knowing any better.

[Rik]

But if they are losing money on those customers, what do they gain?

[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.

[madasahatter]

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.

[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.

[Rik]

Tangled webs and all that, Mad.