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Vodafone will not walk away from CWW bid: sources

FP Archives December 20, 2014, 07:54:13 IST

Vodafone will not walk away from bidding for Britain’s Cable & Wireless Worldwide on Thursday, when a deadline for bids is due to expire, two sources familiar with the situation told Reuters.

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Vodafone will not walk away from CWW bid: sources

London: Vodafone will not walk away from bidding for Britain’s Cable & Wireless Worldwide on Thursday, when a deadline for bids is due to expire, two sources familiar with the situation told Reuters.

Tata Communications , which had also declared its interest, walked away on Wednesday when the two sides could not agree on price.

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The sources said that Vodafone would either bid or seek an extension by Thursday’s 1600 GMT deadline.

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Reuters

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