Feeds

OFT probe could scupper C&W/Energis deal

Caudwell presses for investigation

Protecting users from Firesheep and other Sidejacking attacks with SSL

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.