Re: CWO - ShareExpress 2000 Online Forum

Please read carefully our disclaimer before using this message board !

| Post Reply | Read Follow Ups | Main Index | Download ShareExpress Portfolio Manager |

Message subject : Re: CWO

This message was posted by Gail on July 07, 2000 :

In Reply to: CWO posted by max on July 06, 2000 :

: Any news out there that I’m not aware off?

Yes read below..........

C&W Plc & Deutsche Telekom
July 6, 2000

It was reported from several sources overnight that Deutsche Telekom has formed merger & acquisition teams to consider acquiring either the US long distance Sprint Corporation, or the UK-based cable and data operator, Cable & Wireless Plc. Cable & Wireless’s Australian subsidiary, C&W Optus (CWO) has risen 2.0% this morning as analysts evaluate the likely implications of the takeover.

Deutsche Telekom issued a record US$14.6 billion in debt only last week, and it has been suggested that this could fund the cash component of any bid. It was reported elsewhere that Deutsche Telekom has up to US$90 billion to spend, with Sprint worth US$70 billion and C&W Plc worth around US$50 billion.

Sprint is currently facing serious regulatory hurdles in its attempt to merge with Worldcom on anti-trust concerns, which may leave the door open to Deutsche, which took a 10% interest in Sprint some time ago. In addition, Deutsche Telekom has previously stated that it intends to grow with both the US market and Internet / data infrastructure identified as target markets.

At 1024 AEST, C&W Optus is trading 9 cents or 2% higher at $4.97.

Warning: at times comments aimed at manipulating other investors may appear on these
message boards. Posters may post overly optimistic or pessimistic comments on particular
stocks, in an attempt to influence other investors. While every effort is made by the moderators
to remove these, some may still appear on these boards. Unless specifically stated persons posting
on this site are NOT investment advisors and do NOT hold the necessary licence, or have any
formal training, to give investment advice.

Before acting on any of the information you read and making any financial or investment
decisions, you should always consult your advisor(s) or other relevant professional
investment experts.

Follow Ups:

Post a Followup

Post your reply to the above message *=mandatory

Your name: *
Your Email:*
Subject: *
Link URL:
Link title:

Message* * 200 words Maximum!
: : Any news out there that I’m not aware off? : Yes read below.......... : C&W Plc & Deutsche Telekom : July 6, 2000 : It was reported from several sources overnight that Deutsche Telekom has formed merger & acquisition teams to consider acquiring either the US long distance Sprint Corporation, or the UK-based cable and data operator, Cable & Wireless Plc. Cable & Wireless’s Australian subsidiary, C&W Optus (CWO) has risen 2.0% this morning as analysts evaluate the likely implications of the takeover. : Deutsche Telekom issued a record US$14.6 billion in debt only last week, and it has been suggested that this could fund the cash component of any bid. It was reported elsewhere that Deutsche Telekom has up to US$90 billion to spend, with Sprint worth US$70 billion and C&W Plc worth around US$50 billion. : Sprint is currently facing serious regulatory hurdles in its attempt to merge with Worldcom on anti-trust concerns, which may leave the door open to Deutsche, which took a 10% interest in Sprint some time ago. In addition, Deutsche Telekom has previously stated that it intends to grow with both the US market and Internet / data infrastructure identified as target markets. : At 1024 AEST, C&W Optus is trading 9 cents or 2% higher at $4.97.

You are viewing a page out of the ShareExpress2000 web site (c) Click2.com Pty Ltd Australia


Part of the click2.com.au network