STC Plc has confirmed that it is in discussions with a number of possible partners which may lead to an offer for the share capital of the company: the board says that recent talks have focussed on the company’s intention to strengthen and develop its presence in the communication systems market with the aim of establishing a European-based communications group – so that Alcatel NV of France could be the frontrunner; the news added 21 pence to the already bubbling STC share price, which climbed to 290p.
