But not a foregone conclusion
By Jo Best
Published: 22 July 2005 16:25 GMT
Cable & Wireless has confirmed it is looking at buying Energis - but is keen to point out a deal is not a foregone conclusion.
C&W chairman Richard Lapthorne told delegates at the company's annual general meeting that it had approached the relevant parties at the rival telco over a possible buyout.
He said that C&W "cannot be certain that a transaction will result" and added that another announcement about the union would follow "in due course".
Speculation first blossomed on Monday, with reports putting the deal at around £700m
Analysts have said a marriage between the two firms would be a winner for both firms, with C&W able to tap Energis' juicy corporate customer list.
Shareholders were equally impressed, as C&W's share price has climbed by two per cent since this morning.
Most requirements of this role are still to be confirmed and it may be on a permanent on contract basis so please do call me for more information! If ...
The role will involve managing and continually improving the day to day operation of the current B2B website, ensuring that content, applications and ...
C# .Net Developer with Delphi is urgently required to join our Client who is a leading global provider of software solutions and transaction ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Natasha Lomas Exclusive: Jimmy Wales on what's next for Wikipedia Why Wikipedia needs geeks and why a life unplugged is unthinkable
Peter Cochrane Peter Cochrane's Blog: United breaks guitars? Customer service has changed forever