Saturday, 25 May 2019

Manx Telecom to accept £256m take over bid

By Chris Kelly, Total Telecom
Wednesday 13 March 19

Manx Telecom has ambitious plans for both FTTH and 5G network deployment in 2019

The board of directors of Manx Telecom has announced that it has received a takeover offer from Basalt Infrastructure Partners LLP, valuing the company at £255.9m.  The board has subsequently written to its shareholders, advising that they accept the offer.  "Since its IPO in 2014…

The board of directors of Manx Telecom has announced that it has received a takeover offer from Basalt Infrastructure Partners LLP, valuing the company at £255.9m.  The board has subsequently written to its shareholders, advising that they accept the offer.  "Since its IPO in 2014…

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