Tata considering bid for CWW?

1 Mar 2012

Indian telecoms firm Tata Communications is reportedly examining a potential bid for UK-based Cable & Wireless Worldwide (CWW), according to a report by Reuters which cites a source with direct knowledge of the matter. The unidentified source said that Tata Communications may decide on whether to proceed in the next couple of weeks having allegedly hired Standard Chartered as an adviser. Last month British mobile giant Vodafone Group confirmed that it was ‘in the very early stages of evaluating the merits of a potential offer for CWW.’

United Kingdom, Cable & Wireless Worldwide, Tata Communications