Monday, September 15, 2008

One used incumbent, anyone?

All those who predicted the end of the world last week with the commissioning of the LHC at Cern, were wrong. As we can see, the world will be ending this week, and it's only Monday. From a telco perspective, I'm curious as to whether BTC ends up in the AIG firesale. I looked very closely at the debt syndication late last year, which of course ended up as a busted deal due to the state of the market. It wasn't particularly appealing at the time, but I assume some telco buyers may now be willing to try a lowball bid and take advantage of AIG's distress.

UPDATE: I would also expect to find some bargains among the Lehman VC investments.

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