Monday, September 19, 2005

There's bids, and then there's bids

Just stepping out now to get the octuple espresso required to ensure I maintain consciousness throughout the Vodafone webcast, I was handed this free newspaper, which shouts that Carphone Warehouse's CEO has confirmed a GBP350m bid. Certainly eye-catching, but read the short article and one finds that he said CW would be crazy not to consider a bid. Other sources expect a value of as much as GBP350m. Still, such a move would transform CW's position in both the WLR and broadband markets in the UK.

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