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Cable & Wireless bidders: And then there was one

  • TC2 Blog
  • 4/19/2012
  • Ben Fox

The following is a guest post by TC2 managing director Ben Fox.

As of today there’s one bidder left at the table for Cable & Wireless Worldwide – Vodafone.

India’s Tata Communications has formally withdrawn from the C&WW bid talks, stating that the two parties had not been able to agree on a price. This leaves just Vodafone considering whether or not to make a takeover bid – one that would seem to be a good fit with Vodafone’s current global enterprise strategy. If Vodafone does go forward, the bid would likely be valued in the region of £1 billion.

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