An Post may acquire UK mobile phone credit firm
An Post is in advanced negotiations to buy a British maker of machines which recharge pre-paid mobile phones with credit, it is understood.
The State-owned postal company, which is seeking to cut its staff by 1,140, is believed to be preparing to pay EUR6.49-EUR8.11 million ((pounds) 5.11-(pounds) 6.38 million) for e.Commercell. Discussions with e.Commercell’s owner, Caudwell Group, are expected to conclude soon.
