BT eyes up failed Energis division

Troubled telco likes the look of fellow struggler's broken arm...

NEWS BT is reported to be interested in the assets of Ision - the failed German arm of troubled UK telco Energis. Energis pulled the plug on its German offering on Friday - taking a £500m hit in the process - but undeterred by Energis' failure to make it work, insiders, quoted in the Observer, say BT is looking to snap up the division's assets at a bargain price. Energis is currently having to look at its own long-term future, for more on this see: http://www.silicon.com/a53250 .

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