Miles
06-05-2006, 02:26 AM
O2, the mobile phone operator now owned by Spain's Telefonica, is considering a move for a UK internet service provider and is understood to have Cable and Wireless's Bulldog division and Tiscali's UK broadband business in its sights, according to reports.
Although the company has yet to make an approach, the fact that it is considering an acquisition shows that O2 is responding to the threat posed by rivals which can bundle mobile, fixed-line and broadband products or deliver services using both fixed and mobile networks, the Independent newspaper said today.
An O2 spokesman said: 'We're looking at options to either buy an ISP or go down the wholesale route or, alternatively, we may do nothing. However, no approaches have been made and no decision has yet been taken.'
Read more (http://www.businessworld.ie/livenews.htm?a=1412617;s=rollingnews.htm)
Although the company has yet to make an approach, the fact that it is considering an acquisition shows that O2 is responding to the threat posed by rivals which can bundle mobile, fixed-line and broadband products or deliver services using both fixed and mobile networks, the Independent newspaper said today.
An O2 spokesman said: 'We're looking at options to either buy an ISP or go down the wholesale route or, alternatively, we may do nothing. However, no approaches have been made and no decision has yet been taken.'
Read more (http://www.businessworld.ie/livenews.htm?a=1412617;s=rollingnews.htm)