Nice rises Friday and today,after being tipped up by Money Week magazine ,with first half sales up 86%,and a cheaper Broadband bundle than Car Phone warehouse,a forward p/e of 15.4 and a likely takeover target seems the one to be on in a guarateed consolidating sector.

BEEN IN THIS SINCE 2003 SO SHOWING A GOOD PROFIT AFTER A MW TIP.

I cant see it falling through the hoop but its looking very tired right now.

Whisper of a re jigged bid, without WIMAX,does anybody want wimax?????-WHISPER from Goldman Sachs ? PLENTY getting out?

Im thinking about ditching these. If it turns out the sale is off the table I can see them tumbling quite substantially. Any thoughts anyone?

too much rumour, but had understood ages ago that WiMax was always going to be a separate entity to sell off

Mr Dubens the main man still hugely invested?

i'm out...had enough of this crap!

Know what you mean maestro.been thinking about doing the same recently but will hold for a while longer this released this morning..

7 May 2007

Pipex Communications plc

Launch of WiMAX service in Warwick


Pipex Communications plc, (PXC), a major provider of integrated
telecommunications and internet solutions including broadband, voice, domain
name registrations and hosting, is pleased to announce that Pipex Wireless'
second commercial trial of WiMAX services is set to go live in Warwick. Working
with National Grid Wireless, Warwick District Council and Intel(R) Solutions
Services, the trial will launch at the European Cup Race Walking Championships,
where press, competitors and spectators will have access to high-speed wireless
broadband.

As the UK's first wireless solutions provider to launch WiMAX services, Pipex
Wireless will initially deliver services to Warwick District Council and
subsequently approach businesses and home-users in the Warwick trial area over
the next six months.

Mike Read, Chief Executive Officer, commented,

'We are delighted to be providing our WiMAX services in Warwick. Following the
early success of trials in Milton Keynes, we are excited about being able to
offer high speed wireless broadband to other forward thinking towns and cities.
The event in Warwick provides the ideal setting for launching our wireless
services in the area. As we develop the service further, we'll be inviting local
businesses and home users to take part in the trial to make wireless broadband a
reality.'

Chris Elliott, Chief Executive of Warwick District Council, said,

'I am delighted that our innovative approach to technology and transformation
agenda has attracted Pipex Wireless to our town. We look forward to developing
the trial with Pipex Wireless and extending the benefits of wireless broadband
to our community.'

Pipex Wireless will be demonstrating WiMAX powered internet access with laptop
manufacturer, rock, during the European Cup Race Walking event. The European
Cup Race Walking Championships are being held in Victoria Park, Warwick, on
19-20 May. For more information about the event, please visit

Crikey.
2517

Crikey Mosses !

Maestro... loook what you've done... you sold and it goes up next day ?!

probably won't last long as it allways retraces... hopefully though, it might be different this time...

Crikey, it doesn't say much for PXC if BT have all that money and prefers to do a share buyback rather than buy PXC !

"BT Group said this morning it would spend 2.5bn on share buybacks in the next two years.
The UK telecoms company unveiled stronger-then-expected fiscal full-year results"

PXC must be a lame duck!

Im out on the rise today. Good luck all holders.

skyhigh .... complete non-sequitur

actually, have just been advised that today's rise is due to Tiscali formally announcing at least preliminary interest in buying .... no doubt an rns will appear during the course of the day

MILAN, May 17 (Reuters) - Italy's Tiscali is looking to expand in Italy and the United Kingdom and is reviewing a dossier on Pipex Communications a British peer that has put itself up for sale.
"Italy and the UK are the regions we are looking at," Tiscali Chief Financial Officer Massimo Cristofori told reporters on the sidelines of an event.
"We are in a very preliminary stage, Pipex has started the procedure of an eventual sale and it has sent us their dossier," he said.

.

Tiscali & BT among remaining bidders for Pipex - My target is still 20-22p

Same 'ere.. I'll be happy with 20p..wish I bought more at 8p when i first got in a couple of yrs ago

I'm staying put anyhow!
conclusion during the summer they said, lets see

Pipex would be willing to consider break-up of assets - source
AFX


LONDON (Thomson Financial) - Pipex Communications would be willing to consider a break-up of its assets, according to a source familiar with the company - a move which analysts believe could make a takeover deal more feasible for debt-ridden Tiscali. Among the possible scenarios, one analyst believes Pipex could hold on to its hosting business and the complementary network services unit, while selling the broadband/voice business.

Tiscali financial director Massimo Cristofori told Thomson Financial News that the Italian group had held preliminary takeover talks with its smaller rival.

A second analyst said that funding could be an issue if Tiscali attempts to buy all of Pipex, as it is already debt-laden and the target would be unlikely to want shares. Tiscali would see 40 mln eur a year in interest on the 450 mln eur it raised in equity to buy Pipex, which is not that cash generative, the analyst continued.

Cristofori this morning noted that Tiscali has less debt than its competitors so has 'the possibility to carry out acquisitions'.

BT, for its part, would have no choice but to consider an offer, analysts insisted. Sources close to the situation told Thomson Financial News that BT had previously considered tabling a bid, but dropped out as it did not want to acquire Pipex's website hosting arm.

Calling BT the weakest of Europe's domestic operators in broadband, one of the analysts today said the group had to increase its presence in non-voice areas, but warned the UK operator would risk incurring the wrath of regulators if it bid on Pipex.

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

BIG BUYS at end of the day

Time Price Volume Value Buy/Sell Type (key)
16:35 13.76p 3,500,000 481,733 Buy O
16:48 13.76p 3,500,000 481,733 Buy O
15:13 13.69p 2,500,000 342,250 Buy O
16:29 13.65p 2,500,000 341,250 Buy WT
09:26 13.00p 2,500,000 325,000 Buy AT

Shareshop - 17 May 2007 14:50 - 303 of 304
Pipex would be willing to consider break-up of assets - source
AFX

A recent Goldman Sachs research report valued Pipex's broadband/voice business at 211 mln stg based on an estimate of 300 stg per broadband customer, and the hosting/network services at 178 mln. The two figures give an implied value per share of the whole group of 15 pence.

LOL! No mention of Wimax, the real winner that BT et all are scared of.