Even Railtrack is a more attractive prospect than BT...
By Ben King, 20 November 2001 13:15
NEWS German investment bank WestLB has dropped its £18bn bid to buy BT's local loop. The German bank has moved the staff working on the project onto another ambitious plan: buying Railtrack. Meanwhile, the Earthlease consortium has tabled an increased bid for the local loop, following the successful demerger of mmO2, the company's wireless division, according to The Times.
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