Add-on Acquisition • Communications

Vodafone Group Acquires Cable & Wireless Worldwide

On July 31, 2012, Vodafone Group acquired communications company Cable & Wireless Worldwide for 1.0B GBP

Acquisition Context
  • This is Vodafone Group’s 5th transaction in the Communications sector.
  • This is Vodafone Group’s 4th largest (disclosed) transaction.
  • This is Vodafone Group’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date July 31, 2012
Target Cable & Wireless Worldwide
Sector Communications
Buyer(s) Vodafone Group
Deal Type Add-on Acquisition
Deal Value 1.0B GBP
Advisor(s) Barclays Investment Bank
Rothschild Global Advisory (Financial)

Target Company

Cable & Wireless Worldwide

London, United Kingdom
Cable & Wireless Worldwide PLC was a multinational telecommunications services company. The Company serviced large corporations, governments, carriers and resellers and its services included managed voice, data and IP based services.
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Buyer Overview 1

Buyer

Vodafone Group

Newbury, United Kingdom

Category Company
Founded 1984
Sector Communications
Employees88,780
Revenue 37.4B EUR (2025)
DESCRIPTION

Vodafone Group is a multinational telecommunications company. Vodafone operates networks in 21 countries and provides communications and IT services to corporate clients in over 65 countries. Vodafone Group was founded in 1984 and is based in Newbury, United Kingdom.


Deal Context for Buyer #
Overall 5 of 11
Sector: Communications 5 of 9
Type: Add-on Acquisition 4 of 8
Country: United Kingdom 1 of 2
Year: 2012 1 of 1
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-27 Vodafone K.K

Tokyo, Japan

Vodafone K.K provides mobile communications services in Japan. The provision of mobile phone services and the sale of handsets that can be used in conjunction with those services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-24 Kabel Deutschland

Unterfohring, Germany

Kabel Deutschland is the cable television operator in Germany

Buy €10.7B