Monday, April 28, 2003

First KPN seemed to be in the market for acquisitions, namely O2 Germany. Now BT, according to an article in today's Telegraph, BT Group supposedly wants to add to its meager organic growth by beefing up Ignite.

No return to the bubble here. Valuations are down and will stay that way. O2 Netherlands was sold for a symbolic EUR 25m. KPN will not offer anything more substantial than this.

No comments: