Monday, April 23, 2012

CWW snapped up by Vodafone

Vodafone Group has reached an agreement with Cable & Wireless Worldwide (CWW) to acquire the UK fixed line network operator for approximately GBP1.044 billion (USD1.7 billion) in cash. Vodafone, which is offering CWW shareholders GBP0.38 a share in cash, may use CWW’s fibre network to bolster bandwidth for customers’ increasing demand for data services on its mobile network


Read the article:
OVETEL CWW snapped up by Vodafone

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