Monday, May 01, 2006

What does BT see in

Very surprised at the news BT is buying - it appears a bizarre acquisition (although possibly cheap if the rumoured £30m is correct).'s numbers for '06 surely can't be steller or the value would have been higher.

Maybe the BTShop is an issue and they think Dabs could be a solution - but don't do phones (and aren't well known for routers either) - I guess time will tell.

BT should have bought Skype - $2.6bn is cheap compared to the £4bn ($7bn) it paid for a 3G license.

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