takeover

Vodafone closes in on CWW purchase; buys back shares

Vodafone Group’s potential takeover of Cable and Wireless Worldwide (CWW) is a step closer to being accepted after a major shareholder withdrew its objection to the deal. The operator group’s £1.04bn bid was in doubt of being accepted after investment group Orbis, which owns 19 per cent of CWW, voiced its opposition to the takeover.

Vodafone contemplating bid for Cable and Wireless

UK-based carrier Vodafone has confirmed that it is mulling the prospect of taking over Cable & Wireless Worldwide (CWW). The latter’s international backbone network would bolster the core bandwidth availabel to Vodafone.

Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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