Energis, the ailing alternative telco, has a rack of potential buyers lined, according to the weekend papers. The Sunday Telegraph names Worldcom as a bidder, while the FT reports that distress purchase/ private buyout firms Carlye Group, Kohlberg Kravis &Roberts, Providence Capital and Apax Partners have all tabled bids.
Our congratulations to Paul Gregg and Mrs. Paul Gregg for the birth of their "2002 Reg twins" Shane and Kirsten at 3.30pm on Friday, March 8.
Norway's media industry is embarking on a mass drive to charge for content on their online sites. The move comes at a time of falling Net advertising revenues in the country, apparently.
Freeserve is taking HM Customs & Excise to court in an atempt to overturn a loophole in tax law resulting in AOL's exemption from paying VAT in the UK.