From the Sunday Times: Centrica looks to ditch telecoms arm in strategy u-turn.
And from the same article:
John Caudwell, billionaire owner of the
Phones 4U retail chain, has kicked off the sale of his fixed-line
telecoms business, Caudwell Communications, which operates in the
residential market as Homecall. It is set to fetch up to £100m
Hmm….long shot speculation here, but could it be that these smart folks see the gathering pace of the telco Scorched Earth stategy (see previous post) and are getting out of the way while they still can?