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Carphone Warehouse may add Pipex services to its belt 
It seems that Carphone Warehouse are the only ones left interested in taking over Pipex after reports that interest from BT, Sky, and Virgin has fizzled out. Charles Dunstone, CW CEO has said that a takeover is still on the cards, but is “not high up our list of priorities.”
Carphone Warehouse have recently stated that problems with Talk Talk last year are set to eat heavily into their profits, as much as £10 or £15 million. Pipex is currently valued at around £350 million, so the firm may not yet commit to a purchase.
Buying Pipex would mean that Carphone Warehouse, would add over half a million customers to the 2.28 million it currently services through TalkTalk and AOL, and strengthen its position as the 3rd largest provider of Broadband in the UK, behind BT and Virgin who supply Broadband to approximately 3.2 million customers each.
No Comments »Posted by Tom on April 10th 2007 in AOL, BT Broadband, Broadband, Pipex, Sky Broadband, TalkTalk, Virgin Media
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