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Posts on ‘October 22nd, 2020’

Shell Is Bidding for UK Post Office’s Broadband Arm -Sky News

Shell Is Bidding for UK Post Office’s Broadband Arm -Sky News

10/22/2020 | 09:57am EDT

–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. read more

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