Everything must go

Tom Alexander, former CEO of Everything Everywhere, is currently considering buying the business he left last year. The business has 27 million customers and the company could be worth more than £8bn.The transaction will be the largest buyout in Europe since KKR's takeover of Alliance Boots. But closing the deal will take some doing since the mobile telecoms sector is saturated and fiercely competitive and the mobile earnings are forecast to decline. According to Arthur D. Little and Exane BNP Paribas, European telecoms revenues will fall €19bn to €208bn by 2015.

Tom Alexander, former CEO of Everything Everywhere, is currently considering buying the business he left last year. The business has 27 million customers and the company could be worth more than £8bn.The transaction will be the largest buyout in Europe since KKR's takeover of Alliance Boots. But closing the deal will take some doing since the mobile telecoms sector is saturated and fiercely competitive and the mobile earnings are forecast to decline. According to Arthur D. Little and Exane BNP Paribas, European telecoms revenues will fall €19bn to €208bn by 2015.