Grant62,Taking your points:-1. The WilTel refinancing should be...

Grant62,

Taking your points:-

1. The WilTel refinancing should be neutral for PWT although it is a psychological bonus. Powertel will no doubt be looking at convertible note refinancing if they need bridging finance.
2. Cheung Kong International would want 100% if they had plans for PWT. This is a possibility.
3. PWT is not a broadband company, unless you take that to be broadband to business. PWT has no residential customers by policy. The targetting of medium to large size business has been their downfall as these are the killing fields of competition - SMEs are more willing to join up and less well served by the incumbent(s) but PWT have never had the capital to equip a large number of small customer connections.
4. I notice Peter Lodge resigned from the board of Objectif recently - may have had something to do with UEComm.

I'll be glad when Williams is out of PWT.