[citation][nom]lockhrt999[/nom]http://en.wikipedia.org/wiki/Telecoms_crash[/citation]
People lost jobs, no UK based Telcos went bust
...
The previous operators Vodafone, Orange, Tmobile, O2 and "3" all remained operational
Most of the expensive telecoms infrastructure was being placed by BT, so none of the Mobile Telcos had to stump up for that, only the airwaves auction, BT made good money too as they had a virtual monopoly on highspeed internet and customers that went to alternate vendors still used their equipment as it is leased to the other people through the LLU programs
...
And the UK still isn't in the Euro, but good Wiki searching, maybe you should live in the UK like I do instead