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To: Skeeter Bug who wrote (103086)5/9/2000 10:09:00 PM
From: 10K a day  Read Replies (1) of 164684
 
Sombody Pinch ME!!!!
Am I dreaming??!!!!

==============================

silicon.com
Tuesday 9th May 2000 0:20am

Vodafone tipped to splash out $10bn on Lycos takeover

Vodafone AirTouch is planning a $10 billion (i.e., about $100 per share) offer for Internet portal, Lycos, according to reports on US wires.

Industry watchers say the projected deal highlights an emerging trend in online business with operators becoming increasingly interested in joining forces with content production companies.

The takeover would create a multi-access Internet portal, enabling users to access the Web through various devices including mobile phones and televisions.

Don Pearce, principal consultant at telecoms consultancy Netcom, said: "In the race for better services, networks must become commodities in order to grow. The service operators need capital from content providers to improve the network and customer charges are not enough to provide resources for technical improvements."

Dan Ridsdale, consultant at research firm Ovum, told silicon.com: "The deal will allow Lycos to provide services for both fixed and wireless networks, and it gives Vodafone the much desired entry into content."

For related news, see:

'Vodafone in Lycos takeover rumours' www.silicon.com/a37352 'Lycos seeks to escape messy merger' www.silicon.com/a31479
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