Thruthfully ?18 Jun 2009 11:30
Absolutely no idea at all, at all !!
But I've got a theory. U and I are probably poorly connected compared to the city bods so we arnt in the loop, but how about they are in talks with other Telcos about take overs reverse take overs, licencing agreements or cooperative arangements on renting out facilities. U know that sort of call it something different sort of thing !!!!! The share price moves on how people think the talks are going from chats in the pub with a friend who knows someone who...... That is all filtered thru the usual beauty contest ie whats hot today as they shuffle their clients dough around trying to look busy and shrewd.
One thing I do believe is that it is a good long term hold for buying on the dips cause one day they will all wake up and see a real shortage in the sort of hardware Colts got plenty of. Glass in the ground and switching stations