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C&W SAYS IT HAS NOT YET FINALIZED ITS SINGAPORE BID PARTNERS

Contradicting a television report, Cable & Wireless Plc said yesterday that it had not finalized details about which companies it would team up with to bid for a telecommunications license in Singapore. It said that the state television report from Singapore that the company would tie up with Hong Kong Telecommunications Ltd, Keppel Corp and Singapore Press Holdings Ltd, all members of the MobileOne consortium, Singapore’s second cellular telephone and pager service, due to start operations on April 1, and possibly one other, was inaccurate.

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