According to UK Reuters Mobile phone group Vodafone, the world’s biggest mobile phone operator by revenue, has finally agreed to buy Cable & Wireless Worldwide (CWW) for 1.04 billion pounds ($1.7 billion), giving it a British fixed-line network to relieve the strain on its wireless operations from data-hungry smartphone users.
Expected that specialist CWW would make it a leading player in both fixed-line and mobile telecom services to Britain’s businesses, and it could make cost savings by using CWW’s networks, both in the UK and internationally.