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Vodafone will not walk away from CWW bid: sources

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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FP Archives|Dec 20, 2014, 07:54:13 IST

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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[caption id="attachment_281526" align="alignleft" width="380" caption="File photo. AFP"][/caption]

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

Reuters

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First Published:Apr 19, 2012, 21:10:43 IST
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