Vodafone In Possible Buy Talks With TIW

LONDON -(Dow Jones)- Vodafone Group announced Wednesday that it is in discussions with Telesystem International Wireless (TIW) which may or may not lead to an offer by Vodafone or any of its subsidiaries for TIW's entire shareholdings in Mobifon and Oskar Mobil.

Any offer, if made, by Vodafone Group for Mobifon and Oskar would equate to a value per TIW share close to the closing share price on Mar. 8, 2005.

(END) Dow Jones Newswires"

Posted to the site on 9th March 2005