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Tesco looking to sell off its mobile business |
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#1 |
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Join Date: Mar 2002
Location: In the future....
Posts: 11,259
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Tesco looking to sell off its mobile business
Tesco looking to sell off its mobile business. The 50/50 venture with O2 generates £100m a year for Tesco.
http://www.engadget.com/2015/05/08/t...obile-network/ |
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#2 |
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Join Date: Feb 2015
Posts: 1,325
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Another change in the industry if it sells. First EE, then o2, now this, although it may not be as dramatic as the rest.
I do hope it doesn't get shut down though, it provides some welcome competition sometimes, with their reasonable pricing structure and the fact that they moved to 4g relatively quickly. |
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#3 |
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Join Date: May 2015
Posts: 84
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oh no! I quite like the sim only plan I have with Tesco. I get the feeling I would be forced to change to something else if/when it gets bought
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#4 |
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Join Date: Jan 2015
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I wonder if o2 will simply buy Tesco out, if they can agree a price?
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#5 |
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Join Date: May 2015
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Quote:
I wonder if o2 will simply buy Tesco out, if they can agree a price?
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#6 |
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Join Date: Jan 2011
Location: Dundee, Scotland
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Hope it doesn't get shut down either! Just joined the buggers a few weeks ago!
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#7 |
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Join Date: Mar 2003
Location: Midlands
Posts: 2,860
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They are a cracking network. Can't believe this as mobiles was a strategy in the long term plan so surprised if really such a change.
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#8 |
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Join Date: Mar 2013
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On a side note similar topic Hutchison is to sell a one third stake in its British mobile phone business, Three, for $4.3 billion if the O2 Buyout is given Regulatory approval. I found that quite surprising.
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#9 |
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Join Date: Apr 2014
Posts: 652
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Quote:
On a side note similar topic Hutchison is to sell a one third stake in its British mobile phone business, Three, for $4.3 billion if the O2 Buyout is given Regulatory approval. I found that quite surprising.
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#10 |
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Join Date: Nov 2009
Posts: 3,124
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I hope this doesn't happen. And if it does it doesn't effect customers.
I pay £10 a month for 1000mins. 5000sms and 1gb data. I have been out of contract for around 8 months and never seen anything that matches or beats that to switch too. |
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#11 |
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Join Date: Feb 2014
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Quote:
I hope this doesn't happen. And if it does it doesn't effect customers.
I pay £10 a month for 1000mins. 5000sms and 1gb data. I have been out of contract for around 8 months and never seen anything that matches or beats that to switch too. http://www.vectonemobile.co.uk/pay-a...-calls-uk.aspx GTmobile (a Lyca brand) is an O2 MVNO and whilst a little more at £12 it offers twice as much (2GB) of up to 4G data plus 1000 mins, unlimited texts and free GT to GT calls. http://www.gtmobile.co.uk/en/ |
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#12 |
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Join Date: Oct 2003
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Some say Vectone prices are temporary and change ultra fast, so be maybe wary of transferring an established number to them.
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#13 |
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Join Date: Feb 2014
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Quote:
Some say Vectone prices are temporary and change ultra fast, so be maybe wary of transferring an established number to them.
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#14 |
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Join Date: Sep 2002
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Quote:
If you tansfer an existing number to a PAYG provider that subsequently changes its bundle pricing how difficult is it to obtain a PAC and move ?
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#15 |
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Join Date: Feb 2014
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Quote:
I think the issue is that if you are on a legacy tariff and then move to Vectone. If they then change their prices you won't be able to port back as the tariff isn't offered any more.
The freedom of PAYG is ease of change and usually as one deal goes another arrives. |
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#16 |
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Inactive Member
Join Date: Apr 2014
Posts: 239
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Gt and Lyca are good but get slower 3g 4g speeds compared to tesco payg i have tested it this week, Quote:
Vectone is as an established EE MVNO. UK Pocket Saver 10 offers unlimited minutes, unlimited texts and unlimited data (3GB fup) for £10. It also provides a Tugo like app for call/texts over wifi.
http://www.vectonemobile.co.uk/pay-a...-calls-uk.aspx GTmobile (a Lyca brand) is an O2 MVNO and whilst a little more at £12 it offers twice as much (2GB) of up to 4G data plus 1000 mins, unlimited texts and free GT to GT calls. http://www.gtmobile.co.uk/en/ |
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#17 |
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Join Date: Feb 2014
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Quote:
Gt and Lyca are good but get slower 3g 4g speeds compared to tesco payg i have tested it this week,
Having said that I generally found O2 pretty poor for data coverage/performance and Tesco even worse and no longer use either. |
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#18 |
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Join Date: Oct 2003
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Quote:
There's also no guarantee that a customer won't be forced to move to a new tarrif especially with the for sale sign up.The freedom of PAYG is ease of change and usually as one deal goes another arrives.
That was PAYG. Obviously with a Tesco contract, someone will take it on at exactly the same costs, at least till contract end. Contracts are prized possessions. |
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#19 |
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Join Date: Feb 2014
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Quote:
That was PAYG. Obviously with a Tesco contract, someone will take it on at exactly the same costs, at least till contract end.
Contracts are prized possessions. As for the OP I replied to he appears to be out of minimum term. At face value the current PAYG deal from Vectone betters the OP contract deal by fair margin which was my point. Either may be subject change. |
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#20 |
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Join Date: Jan 2015
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Personally I'd be a bit wary of Lyca, Vectone, GT and the other smaller MVNOs . Lebara seem a safer bet if you want to look beyond the big providers.
From the reports of others Asda and Sainsburys are fine, IME GiffGaff are OK for voice and text, not great for data, but it's useable most of the time for basic browsing and they are ultimately owned by O2 so worse case you wouldn't lose your number or credit if the closed. But wait and see- if you are happy with Tesco personally I don't see any reason to panic right now. Worst case you'll be transfered to an O2 sim only deal and can look to move on from there if you want to. |
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#21 |
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Join Date: Sep 2009
Posts: 363
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Quote:
They are a cracking network. Can't believe this as mobiles was a strategy in the long term plan so surprised if really such a change.
Of course this follows hot on the heels of the broadband sell off, at a time when other firms are doing the opposite - merging and bundling up for quad play. Like you though I find this a real surprise, and an indication of how bad things must be at Tesco house. |
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#22 |
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Join Date: Mar 2009
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Now is a good time, it can be considered alongside the O2 sale and Tesco need to sell non core assets to focus on their main business.
I'm sure there will be a buyer like Sky or somebody that will come along just like when they bought O2 broadband, effectively somebody is just buying the customer base. |
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#23 |
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Join Date: Mar 2003
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Posts: 2,860
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Quote:
Perhaps it shows just how dire the core grocery retail business has become that they need to sell off some of the smaller, more profitable parts of their business to keep the core afloat?
Of course this follows hot on the heels of the broadband sell off, at a time when other firms are doing the opposite - merging and bundling up for quad play. Like you though I find this a real surprise, and an indication of how bad things must be at Tesco house. |
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#24 |
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Forum Member
Join Date: Mar 2003
Location: Midlands
Posts: 2,860
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Quote:
Now is a good time, it can be considered alongside the O2 sale and Tesco need to sell non core assets to focus on their main business.
I'm sure there will be a buyer like Sky or somebody that will come along just like when they bought O2 broadband, effectively somebody is just buying the customer base. |
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#25 |
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Inactive Member
Join Date: Apr 2014
Posts: 239
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Any update on this
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