Consolidation in the Telecoms UK Market is on the cards. Where do we place our bets?
Anyone who follows my blogs will know there is never a dull moment in telco and the headlines in the last month or so have only confirmed this. We’ve seen the O2 and Virgin deal and the CKH court ruling. Both stories that underscore the necessity to keep markets growing and how competitive and dynamic telco is. But adding more colour to this vibrant backdrop were these two bombshells – news that BT is undervalued and having to protect its business, and Three’s CEO openly stating that it would be open to consolidation - a huge statement to make at any time but especially now. I’ve long speculated that the O2 / Virgin Media merger would put Three at a disadvantage and trigger a bold move from them. So what are Three’s options and those of its competitors? (more…)
