reigersmants ON SALE!!!! ON SALE!!!!, the ISP founded by Martin Varsavsky in 1999 with €30m, and sold to T-Online in 2000 for €550m is on sale.

If you have any pocket money available this week you can make an offer to Deutsche Telekom on March 1, date in which the sale will be made public.

A few investment banks are already offering the company to Ono, Orange and to several venture capital firms, but it seems that the asking price is too high to close the deal. currently has around 400,000 customers in Spain, and owns an optical fiber network of 7,500km in the Iberian Peninsula.


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2 comentarios

Michael Wolfgson -

Mike is probably right. Nobody is going to pay what T-Online cashed out in 2000 for, specially without

Mike Puchol -

Some rumors I heard at 3GSM put the price at half of what Varsavsky got when he sold, that would be circa €225m.
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