Cable & Wireless Worldwide has risen sharply Wednesday in the London Stock Exchange, on rumors of interest from U.S. rival AT & T.
The group was not immediately available for comment on this information.
At mid-day, action, Cable & Wireless gained 5.24% to 70.3 pence, after a while jumped nearly 13% in the morning.
More than 12.6 million shares Worldwide Cable & Wireless had been exchanged at 9:51 GMT, against a daily average of 12.3 million shares traded in the last month.