Virgin Media and BT queue up for Pipex Group
Over at The Telegraph is the news that Virgin Media and BT are making serious noises in the first round bidding for the Pipex Group.
We reported back in January 2007 how the large providers were gaining an ever higher share of the market, with 82% of broadband users already clustered in just 5 companies. To some extent Virgin Media buying the Pipex Group may make some sense as Pipex has experience in LLU and has around fifty exchanges unbundled. This would help Virgin Media in its push to make TV over broadband a reality in the parts of the country it has no cable coverage. The reasoning for BT buying Pipex is less clear, other than to boost customer numbers or simply stop another company gaining Pipex.