Press Release: Mergers: Commission approves acquisition of CWW by Vodafone

The European Commission has cleared the proposed acquisition of Cable & Wireless Worldwide plc (CWW) by Vodafone Group plc under the EU Merger Regulation. Both companies provide fixed and mobile telecommunications services in the European Economic Area (EEA). The Commission concluded that the transaction would raise no competition concerns, as the parties' activities are largely complementary. CWW's main activity is related to fixed telecoms, whereas Vodafone is mainly active in mobile telecoms.