Tuesday, January 16, 2007

UK: Pipex Starts Clock Ticking for Possible Sale

Elizabeth Judge writes in The TimesOnline.co.uk:

The countdown to a £400 million sale of Pipex, Britain’s fifth biggest internet service provider, kicked off yesterday when its chairman launched a review of the business.

Peter Dubens, the internet millionaire, told The Times that he was “reviewing the best way forward” for the business.

Pipex, one of Britain’s first internet service providers, is thought to have held talks with BT last year.

It is also regarded as a likely target for players including BSkyB and Carphone Warehouse, Europe’s biggest mobile phone retailer, as they seek to scale up their broadband customer bases.

More here.

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