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Tata Communications Ltd. (TCOM) hired Morgan Stanley (MS) as it considers a bid for Cable & Wireless Worldwide Plc (CW/), the Sunday Times reported, without saying how it obtained the information.
Standard Chartered (STAN) is already advising Mumbai-based Tata Communications on the potential purchase, the newspaper said.
To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net
To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net