James Enck on NTL making a formal approach for Virgin Mobile.
Either that makes Renova's acquisition of Korbina (see previous post);
- Prescient
- Ahead of its time
- Not a bad deal but massively over-priced
- Stupid
"no respite from the deflationary spiral which is our beloved UK telecom market"So what does that mean for the PE players trying to forecast stable revenue for their LBO's?
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