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UK mobile content and services company Win Plc announced today that it is recommending to shareholders a cash offer from the Sequoia-backed…

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UK mobile content and services company Win Plc announced today that it is recommending to shareholders a cash offer from the Sequoia-backed Indian mobile services firm IMI Mobile. The 141 pence ($2.11) per share offer values WIN at around £15.93 million ($ 23.8 million). This represents a 43 percent premium to the share price on the 29th April, the closing price before discussions were announced.

Not all of Win

  1. British mobile companies are significantly undervalued and need to expand on a global basis to acheive scalability.

    WIN along with Dialogue Communications are one of UK’s oldest SMS Applications and Messaging Services brands with a great customer list and long standing mobile operator partnerships.

    WIN can get a much better valuation, look at the recent Amdocs-MX telecom deal as an example. http://www.telecoms.com/19159/amdocs-buys-mx-telecom-for-104m/

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