Feeds

OFT probe could scupper C&W/Energis deal

Caudwell presses for investigation

Security for virtualized datacentres

Cable & Wireless' (C&W) £720m take-over of Energis could be scuppered if the Office of Fair Trading (OFT) decides it needs to take a closer look at the deal.

According to reports, there's speculation that C&W might walk away from the deal if the OFT doesn't wave it through as expected later this week.

Yet John Caudwell - the boss of Caudwell Communications who is flogging his telecoms business - wants the OFT to intervene because he believes the merger would be "anti-competitive", reports The Sunday Telegraph.

Caudwell reckons that the tie-up would reduce the number of telcos he can approach for telecoms service, which in turn would make it harder for him to negotiate deals with suppliers.

Energis chairman Archie Norman rubbished the claims adding that if the OFT did get involved it would be a "high water mark in regulatory absurdity".

Analysts at Ovum reckon the UK's telecoms sector is competitive enough and the removal of one player would be unlikely to tip the balance against the likes of Caudwell Communications. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.