Vodafone not interested in fixed-line buys

Rumors have circulated that Vodafone was interested in bidding for beleaguered U.K. fixed-line company Cable & Wireless, which recently announced some major restructuring. Vodafone squashed those rumors, and I'm sure that was something investors didn't want to hear given the fact that the company is under pressure to get out of some investments. The rumors come, however, as the wireless-only operator looks to fill in its offerings with fixed-line services, which could be bundled with the company's traditional mobile offerings to compete with those operators who have both fixed and wireless assets. CEO Arun Sarin told a U.K. newspaper that it's not on the acquisition trail for fixed-line operators, but with local loop bundling in place in many European countries, Vodafone would be more likely to lease fixed-line capacity from incumbents.

To read more about the C&W acquisition rumors and Vodafone's fixed-line plans:
- take a look at this article from Dow Jones
- check out this piece from telecoms.com (sub. req.)

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