Bloomberg News

Vodafone Wins EU Approval for Acquisition of Cable & Wireless

July 03, 2012

Vodafone Group Plc (VOD) won European Commission approval of its proposed acquisition of Cable & Wireless Worldwide Plc. (CW/)

“The Commission concluded that the transaction would raise no competition concerns, as the parties’ activities are largely complementary,” the European Union’s regulatory arm said today in an e-mailed statement. “CWW’s main activity is related to fixed telecoms, whereas Vodafone is mainly active in mobile telecoms.”

To contact the reporter on this story: Patrick Henry in Brussels at phenry8@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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