Key Developments: Cable & Wireless Communications PLC (CBWYY.PK)

CBWYY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Cable & Wireless Communications PLC announces divestment of interest in Solomon Telekom
Wednesday, 15 Oct 2014 08:44am EDT 

Cable & Wireless Communications PLC:Says it has agreed to divest 32.577 pct shareholding in Solomon Telekom Company Limited to Solomon Islands National Provident Fund Board for total cash proceeds of about $16.5 million.Soltel is full service incumbent telecom operator in Solomon Islands, providing mobile, fixed voice and broadband services.  Full Article

Cable & Wireless Communications PLC's subsidiary to acquire Grupo Sonitel
Tuesday, 26 Aug 2014 02:02am EDT 

Cable & Wireless Communications PLC:Says through its subsidiary Cable & Wireless Panama, S. A. (CWP) has agreed to acquire Panama-based Grupo Sonitel for $36 million plus contingent consideration of up to an additional $5 million.Grupo Sonitel operates SSA Sistemas, a provider of end-to-end managed IT solutions and telecoms services to business and government customers in Panama.Logistica, an IT hardware reseller and a small number of other non-core Grupo Sonitel companies, are not included as part of the transaction.  Full Article

Cable & Wireless Communications Plc announces dividend payment amount
Thursday, 17 Jul 2014 10:15am EDT 

Cable & Wireless Communications Plc:Announced final dividend of $0.0267 per share.Dividend is to be paid on Aug. 8 to ordinary shareholders on the register at the close of business on May 30, 2014.  Full Article

Cable&Wireless Communications Plc proposes final dividend of $0.0267 per share
Friday, 13 Jun 2014 02:00am EDT 

Cable&Wireless Communications Plc:Proposes final dividend of $0.0267 per share.  Full Article

Cable&Wireless Communications Plc appoints new Chief Financial Officer
Monday, 9 Jun 2014 07:00am EDT 

Cable&Wireless Communications Plc:Appoints Perley McBride as Chief Financial Officer (CFO).Says McBride will join the Company on June 23 and will be appointed to the Board on June 26.  Full Article

Cable&Wireless Communications Plc recommends dividend
Wednesday, 21 May 2014 02:01am EDT 

Cable&Wireless Communications Plc:Recommended final dividend of 2.67 cents will be paid on Aug. 8 to ordinary shareholders on register at the close of business on May 30.  Full Article

Cable & Wireless Communications Plc announces completion of Monaco Telecom Disposal
Tuesday, 20 May 2014 10:53am EDT 

Cable & Wireless Communications Plc:Confirms the completion of the sale of Compagnie Monegasque de Communication S.A.M, the holding company for CWC's 55 pct stake in Monaco Telecom S.A.M, to a private investment vehicle controlled by Xavier Niel, as announced on April 25.Received consideration of 321,788,000 euros ($445 million) on a cash and debt free basis.  Full Article

Cable & Wireless Communications PLC disposes Monaco Telecom
Friday, 25 Apr 2014 02:48am EDT 

Cable & Wireless Communications PLC:Agreed sale of Compagnie Monégasque de Communication S.A.M. (CMC), holding company for CWC's 55 stake stake in Monaco Telecom S.A.M. (Monaco Telecom), to private investment vehicle controlled by Xavier Niel.Total consideration is 321,788,000 euros.  Full Article

Cable & Wireless Communications PLC announces directorate change
Monday, 10 Feb 2014 10:10am EST 

Cable & Wireless Communications PLC:Says that Tim Pennington, chief financial officer, will be leaving the company, and it has commenced a global search for his successor.Says he will step down from the CWC Board of Directors with effect from Feb. 11, but will remain available to the business until early in June, after the company's year-end preliminary final results.  Full Article

Cable & Wireless Communications PLC's new CEO commences role
Monday, 6 Jan 2014 02:00am EST 

Cable & Wireless Communications PLC:Says Phil Bentley began his role with the company as Chief Executive Officer on Jan. 1, replacing Tony Rice.  Full Article

BRIEF-Cable & Wireless Comms to divest 32.5 pct in Soltel

* Agreed to divest its 32.577 pct shareholding in "Soltel" to Solomon Islands National Provident Fund board for total cash proceeds of approximately $16.5 million

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