Shell Is Bidding for UK Post Office's Broadband Arm -Sky News
October 22 2020 - 10:12AM
Dow Jones News
--Royal Dutch Shell is competing with Sky and TalkTalk to
acquire the U.K. Post Office's broadband and telecoms customer
base, Sky News reported on Thursday.
--The publicly-owned mail company is expecting a price of GBP100
million for the business, Sky News said.
--The Post Office telecoms business has roughly 500,000
customers, while Shell already has 130,000 U.K. broadband customers
via its takeover of First Utility in 2018, according to Sky
News.
Full story: https://bit.ly/3jknr3G
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(END) Dow Jones Newswires
October 22, 2020 09:57 ET (13:57 GMT)
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