Vodafone confirms it is weighing up bid for Cable & Wireless Worldwide He is due to host his first investor day at the company on Thursday, and set out his strategy for turning the company around. The telecoms business swung from a profit to a £433m pre-tax loss at its half-year result to September 30, 2011, after £624m of writedowns largely relating to a deferred tax asset and impairment of goodwill. Like for like revenues slipped slightly from £1.12bn to £1.07bn. However, analysts claim that CWW would be worth significantly more than its current market capitalisation if it were to be broken up and sold. The group, which sells telecoms infrastructure to large businesses and public sector clients, owns the largest backbone fibre network in the UK, as well as a global network of undersea cables, data centres and a hosted IT operation. Analysts Morten Singleton at Investec bank said in December that CWW had been "mismanaged for years," and could be worth up to five times as its value as a single listed company if it were dismantled. Investec put the break up value at £2.5b, including around £1bn for the UK network and £650m for its undersea cables. However, any break up will be hard to manage as CWW's domestic cable network will be difficult to extract from its international one. Buying the company would allow Vodafone to improve the quality of its networks without denting margins. "The acquisition of a fibre backhaul network could make improve margins and improve its capacity to carry data traffic [as] owning its own infrastructure would limit the higher charges for backhaul that would arise from renting more capacity from a third party," said analysts at Benrstein Research. CWW would also help to boost Vodafone's Global Enterprise business.