C&W to sell Bulldog retail customers, papers say

3 Jul 2006

Cable & Wireless (C&W) is reportedly seeking buyers for the retail customer base of its broadband ISP subsidiary Bulldog Communications, according to UK newspapers. The Financial Times claims investment bank NM Rothschild had been appointed to find buyers for the assets, whilst the Independent quoted a C&W spokeswoman as saying: ‘We are now looking for a provider to buy our 118,000 strong Bulldog retail customer base’. Last month C&W announced plans to transform Bulldog into a wholesale service provider, and stopped acquiring new residential and small business retail customers on 1 July. At the time the company said it would continue to provide services to existing retail customers. As a result of the move, Bulldog will reduce its headcount by approximately 150, mainly from the sales and marketing departments. C&W says the company’s local loop unbundling (LLU) plan will remain unchanged and it is on target to fully unbundle 800 exchanges by the end of September; it had unbundled 411 exchanges by the end of March.

United Kingdom, Cable & Wireless (UK)