Cable & Wireless Plc shares were bouncing on Friday after a newspaper report that Mannesmann Kienzle GmbH’s consortium had won the one licence for an independent to challenge the Deutsche Bundespost with a West Germany-wide digital cellular telephone network: Bonn remained tight-lipped, saying everyone will have to wait until the planned announcement date of December 12; the report – leak? – will also raise the hopes of Pacific Telesis International Inc and Compagnie Lyonnaise des Eaux SA and the financier on the Mannesmann team, DG-Bank Deutsche Genossenschaftsbank AG.
