3 UK *has* been sold...I freakin told ya :)

Friday, December 15. 2006

3 UK has been sold...I freakin told ya :)

And it would seem the deal was done a while ago in all but ink, as we reported then.

John Hauxwell pinged me a few hours ago about this story in The Register

Its 2 am and I'm finishing a report, so will not call my sources just yet

I like the Register's comment:

Nobody is likely to guess a figure higher than the £4.2bn originally paid by Hutchison for the UK 3G wireless spectrum, however. And several guesses will be that China Mobile is spending substantially below that. One insider, involved in one of the other bids, said that "the figure is not unrelated to the name of the company, but you can't quote me..."

Heck, it used to be a pound and the debt...thats inflation for ya

Next set of deep pockets found....but, may not happen till cup meets lip, so I'll keep the humble pie plate around a bit longer.

Postscript..Nope, not for sale, according to the Register this pm.

Posted by Alan Patrick in Mobile Web 2.0 & Multimedia at 01:55 | Comment (1) | Trackbacks (0)

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Documents released to the financial community may have been fakes. Since the Hutch share price rose dramatically, and China Mobile was depressed by the announcement someone made a load of cash... sounds dodgy to me!

http://blogtwopointzero.blogspot.com/2006/12/sec-to-investigate-fake-documents.html

#1 John Hauxwell (Homepage) on 2006-12-18 11:51 (Reply)

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