2005/06/25

C&W Seeking Energis Takeover?

C&W Seeking Energis Takeover?

Now this may make sense. Energis must be suffering badly as Wanadoo move more and more infrastructure away from them. They've already been through administration and Fidelity their new owners could do a quick deal and get rid of them.

C&W can probably afford a cash buy-out and would gain some network (but might migrate some of Energis' network on to C&W's). It would give C&W a better footprint and take another competitor off the radar.

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