UK: Pipex Up for Sale
Via Web Hosting Industry Review (WHIR).
UK telecommunications giant Pipex Communications (pipex.co.uk) announced on Monday it has put its company up for sale, following its appointing of an investment bank UBS to advise on strategic options.More here.
Pipex currently has an estimated 1.1 million customers following a series of recent acquisitions, and generated revenues of £133m last year. It has also been trying out WiMax, a high-speed wireless technology that has drawn interest from major companies including BT.
posted by Fergie @ 3/12/2007 10:19:00 AM
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