UK's musicMagpie will keep seeking buyers as BT ends talks


FILE PHOTO: People walk past British Telecom (BT) headquarters in London, Britain, November 15, 2019. REUTERS/Simon Dawson/File Photo

(Reuters) -MusicMagpie said on Monday it will continue to seek buyers after telecoms group BT confirmed it will not make an offer for the British online retailer of used smartphones and electronic products.

Shares in musicMagpie fell 19% to a nearly three-month low of 16.35 pence, giving it a market value of just over 17.5 million pounds ($21.81 million).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Russian ban on Roblox stirs debate about limits of censorship
A dashcam tracked the road rage of UK man who drove into football parade
Micron surges on upbeat profit forecast as chip prices soar
One Tech Tip: Tis the season to unplug and enjoy the holidays IRL
France probes 'foreign interference' after malware found on ferry
Apple makes�changes to iOS software in face of stricter Japanese rules
Netflix to launch FIFA World Cup video game
Google sues Chinese ‘Darcula’ group over alleged phishing scheme
China’s Qwen and DeepSeek edge out US AI models in Christian values benchmark
Fermi denies report that Amazon was prospective tenant in stalled project

Others Also Read