PlusNet to be taken over - BT the likely bidder?

by Bob Crabtree on 12 October 2006, 15:53

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The London Stock Exchange confirms that a bid has been made to take over Sheffield-based phone operator and internet service provider PlusNet.

According to the The Independent, the bidder is BT and it's likely to have to pay at least £53 million. The news follows the revelation that Carphone Warehouse is to buy the AOL UK internet-access business from Time Warner for £370 million.

Thoughts on the everchanging world of broadband and telecoms? Comment in this thread in the HEXUS.lifestyle.news forum.

HEXUS.links

HEXUS.community :: discussion thread about this article
HEXUS.lifestyle.news :: Carphone Warehouse buys AOL UK internet-access business for £370m
HEXUS.lifestyle.news :: Free broadband from The Carphone Warehouse?
HEXUS.lifestyle.news :: Sky offers 'free' broadband to 'all' its TV subscribers
HEXUS.lifestyle.news :: NTL promising first UK quad-play (TV, broadband, landline & mobile) service

External.links

London Stock Exchange - listing for PlusNet
The Independent - Plusnet surges on talk of acquisition by BT
PlusNet - home page

HEXUS Forums :: 6 Comments

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Posted by Oobie- - Thu 12 Oct 2006 19:40
I certainly dont want more BT related inet providers. I like the diversity we have at the moment. What could be argued is that there are quite a few, which makes it quite hard to choose one under the impression of “the best one”

Dont expect to get upgrades from pipex btw XD
Posted by iworrall - Thu 12 Oct 2006 19:55
Me not happy! I switched to Plusnet to get away from BT. They're following me! :rant:
Posted by XA04 - Thu 12 Oct 2006 20:39
If BT buy Plusnet that will probably push me to another ISP - unless they give a better service (doubt they will).
Posted by [DW]Cougho - Thu 12 Oct 2006 22:41
…And so plusnet continue their slide from one of the best ISP's to one of the worst, gladly im moving to a cable area on tuesday so its with a sigh of relief i bid goodbye to plusnet.
Posted by Stoo - Fri 13 Oct 2006 02:38
Jeez, just what we need - BT getting even bigger than it already is..

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