Since its creation back in the 1960’s, the Internet has always been about enabling rapid communication between people. Yes, it was technology that enabled that communication, but people were the driving force behind it.
The telecoms market has witnessed a sizable proliferation in mergers and acquisitions over the last couple of years. The acquisition of BE by O2, and Cable and Wirelesses’ buy out of Bulldog remain the most prominent in my mind. But among others we’ve also seen big players like Tiscali and Easynet be bought out by Carphone Warehouse and Sky respectively, while Chess and Daisy have both embarked on aggressive acquisition strategies. Naturally, the financial crisis has provided fertile ground for such activity – with depreciated assets and estates proving attractive to those looking to strengthen their market position.