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Possible take over bid? for BT.

Comments

  • topherxp
    topherxp Posts: 267 Forumite
    It certainly is interesting and will certainly will be the subject of discussion in work tomorrow.

    The bad thing that could come out of this is that these investment companies have one primary aim, to make as much money out of their investment as possible. In this case, I think it will mean more Indian call centres and selling off of assets, which could include exchanges to rival telecoms companies.

    Something to keep an eye on, more so as this is something that would directly affect me.
    If saved £2710 and only spent the interest (Based on a return of 5%), you would have enough money to pay your TV Licence every year. Saving you £7452.50 over a period of 55 years, based on you buying a license from the age of 20 until your 75 at a cost of £135.50.
  • redux
    redux Posts: 22,976 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    only the other day there was speculation about BT making a takeover bid, for an ISP I think?
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