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Ovum comments: Vodafone to buy CWW?

(PresseBox) (Cologne, Germany, )
Vodafone has issued a response to press speculation surrounding its evaluation of a potential offer for Cable&Wireless Worldwide (CWW). David Molony, principal analyst at Ovum believes this is not a UK telecoms story but very much a global telecoms story. In reaction, David has the following comment:

"The appointment of Gavin Darby from Vodafone as the new chief executive at Cable&Wireless Worldwide (CWW) last year should have been a clue, but it still took everybody by surprise, as the market reaction shows.

"A merger would give Vodafone significant global network for fixed services to complement or even integrate with
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.