Freeserve in talks with France Telecom

[rcjordan]

The Financial Times reported that Freeserve also was talking to Energis PLC, the British telecommunications group.

The fate of Freeserve, which is 80 percent owned by the electronics retailer Dixons, had been uncertain since the collapse last June of a merger with its German rival T-Online, controlled by Deutsche Telekom.

Freeserve, which does not have a partnership with a telecommunications company, has been subsidizing the phone bills of its 250,000 flat rate customers. It lost 17.8 million pounds ($25.8 million) in the first quarter of the year, reflecting in part a heavy advertising campaign.

Freeserve in talks with France Telecom [techserver.com]