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TCL Tata Communications Limited American Depositary Shares

6.62
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tata Communications Limited American Depositary Shares NYSE:TCL NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.62 0.00 01:00:00

CORRECT: Tata Communications May Offer To Buy Cable & Wireless - Report

01/03/2012 7:06am

Dow Jones News


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Tata Communications Ltd. (500483.BY) may make a bid for telecom company Cable & Wireless Worldwide PLC (CW.LN), the Times of India reported Thursday, citing unidentified people aware of the matter.

The Tata Group company may be vying with Vodafone Group PLC (VOD.LN) for the potential acquisition, the report added.

The deal would be significant for Tata Communications, providing the Indian company a larger footprint in the voice and data carrier businesses as well as in the undersea cable network segment, the newspaper reported.

Last month, Vodafone confirmed that it is in the very early stages of evaluating the merits of a potential offer for Cable & Wireless.

Newspaper website: http://www.timesofindia.com

-By Mumbai Bureau, Dow Jones Newswires; 91 22 6145 6100; djn.in@dowjones.com

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