
After more than two months of consideration and a challenge from Tata Communications (news, filings), Vodafone Group (NYSE:VOD, news, filings) said this morning that it has reached an agreement to buy cw. They had received a three day extension on Friday, which seemed to indicate the tying up of loose ends on a bid. The purchase will give Vodafone a substantial enterprise-focused fiber footprint in the UK that will help them scale their mobile backhaul infrastructure. [Read more →]