PCCW pulls out of Cable and Wireless bidding

The potential bidder circling telecoms group Cable & Wireless pulled out of the running today after a weekend of intense takeover speculation.

PCCW pulls out of Cable and Wireless bidding
Mon, 10 Feb, 2003 - 12:52

The potential bidder circling telecoms group Cable & Wireless pulled out of the running today after a weekend of intense takeover speculation.

Hong Kong-based Pacific Century Cyberworks (PCCW) made an unsuccessful request for talks on December 31 and had been expected to make a further move this week.

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CourtsHeathrowPlace: Hong KongPlace: MacauPlace: CaribbeanPlace: LondonPerson: Richard LiPerson: Li Ka-shingPerson: Richard LapthornePerson: LapthorneOrganisation: PCCWOrganisation: Cable and WirelessOrganisation: Cable & WirelessOrganisation: Pacific Century CyberworksOrganisation: C&WOrganisation: Hong Kong Stock ExchangeOrganisation: C&W.Organisation: Hong Kong Telecom
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