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Cornerstone s share reorganisation leads to sale speculation

Virgin Media O2 has reorganised its stake in the towers business Cornerstone Telecommunications Infrastructure Limited ahead of a potential sale. VMO2 previously divided its stake between O2 Networks (40%) and O2 Cedar (10%). Its reported moves are underway to move the Cedar stake into the networks business. Their partner in the towers business, Vodafone, transferred…

HAMISH MCRAE: Can t pension funds back Britain?

What happens next here depends partly on the US. But there are things that UK authorities can do to improve the attractiveness of investing in London.

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