Among the second line telecommunications stocks, Redstone added 0.25p to 9.5p, with traders saying the stock is due a good run, while Thus picked up 1.25p to 32.25p on bid speculation, with almost 24m shares changing hands.

The above comes from yesterdays's Guardian newspaper, interesting!!

Registration site: Venture capitalists target UK's C&W, Thus - report Reuters.co.uk 14:38

Thus shares slip as Kingston swoops for rival Omnetica

JOHN BOWKER
SENIOR CITY CORRESPONDENT


KINGSTON Communications yesterday unveiled a 170 million swoop for a telecoms rival Omnetica - boosting the chances that Glasgow firm Thus will remain independent.

Shares in struggling Thus have been held up recently by talk of circling rivals, but yesterdays announcement turned the market off the idea.

Dan Gardiner, a telecoms analyst at Seymour Pierce, said: "The prospects of consolidation in the sector have diminished as a result of this announcement. Energis, Easynet, Fibrenet, Pipex - theyve all said they want to go it alone."

Telecoms are up over the pond. Primus is up 100% in a month.

Got excited when i saw this thread. Didn't realise it started in Jan.

i think we are on the brink of a telcoms turnaround this side of the pond as well. all these names are due for a rerating. personally my pick of the bunch in the sector is ESY ([plse see the easynet thread).

rgds
proptrade