UK holding company Centrica is looking to offload its communications business OneTel and is expected to value the company at around GBP350 million to GBP400 million. OneTel was founded in 2000 and is the fourth-largest residential telephony operator in the UK, with around 1.7 million customers; it also has around 100,000 corporate clients. It has boosted business in recent years by cross-selling services with utilities supplier British Gas. The FT has named Carphone Warehouse and Swden’s Tele2 as potential buyers.
Subscribe
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse
Filter
Filter CommsUpdate by the following categories or use the search.
Search
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
Advertise
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors
- Regulators