Cable & Wireless in merger talks with Energis

Cable & Wireless and Energis are understood to be in talks about a merger to create a serious rival to BT in the fixed-line telecoms market.

Cable & Wireless and Energis are understood to be in talks about a merger to create a serious rival to BT in the fixed-line telecoms market. It is thought C&W is looking to buy its smaller rival for about £700m.