Telecoms industry in a poor state still

O2 is going to Telefonica, OneTel is up for sale (it seems Centrica who have been faffing around for the last few years have made a decision to actually sell them) the asking price seems to be £350m, but Carphone Warehouse who may have been approached as a buyer rejected it as much too high. Carphone Warehouse have now decided to go into LLU (local loop unbundling), though a good move, it's further emphasises the need for a shared infrastructure to compete with BT's 21CN.

Tele2 are pulling out of the UK too.

Who's next?

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