Wednesday, November 15, 2006

BT Bids for PlusNet and its 200K Broadband Subscribers

BT has made a cash offer of approximately £67m to PlusNet, an ISP serving close to 200,000 broadband customers as well as an additional narrowband customer base in the UK. If the offer is accepted, PlusNet will retain its brand and distinct identity. It will continue to operate from its base in Sheffield and Lee Strafford will remain its CEO.

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