Vodafone ponders Cable & Wireless buy

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Blogging on the inner workings of business tech including, but not limited to, business intelligence (BI), analytics, enterprise software, desktop and portable hardware, IT in education, open-source pRead more »rojects and breaking developments in the mobile world. You can follow me on Twitter at @BenWoodsZD.

Vodafone is considering whether to make an offer for networking and telecoms company Cable & Wireless.

The UK mobile operator said on Monday that it was considering whether to put in a bid for Bracknell-based Cable & Wireless Worldwide (CWW).

"Vodafone regularly reviews opportunities in the sector and confirms that it is in the very early stages of evaluating the merits of a potential offer for CWW," the company said in a statement. "There is no certainty that an offer will be made nor as to the terms on which any offer might be made. Any offer, if made, will be in cash but Vodafone reserves the right to change the specie of consideration."

In accordance with official takeover rules, Vodafone will have to announce whether or not it has firm intentions to make an offer by 12 March.

Cable & Wireless Worldwide is run as a separate entity to Cable & Wireless Communications since the company demerged the units in 2009.

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