Key Developments: Cable & Wireless Communications PLC (CWC.L)

CWC.L on London Stock Exchange

50.10GBp
22 Dec 2014
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1.06p (+2.16%)
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Latest Key Developments (Source: Significant Developments)

Cable & Wireless Comms makes placing announcement
Thursday, 6 Nov 2014 02:02am EST 

Cable & Wireless Communications PLC:Announces the placing of up to 252,812,284 new ordinary shares of 5 cents each in the company (representing up to about 9.99 per cent. of the company's existing issued ordinary share capital.Says the proceeds of the placing will be used to finance part of the cash consideration of the recent acquisition, with new debt financing being used for the remainder of the cash consideration.  Full Article

Cable & Wireless Communications PLC declares dividend
Thursday, 6 Nov 2014 02:01am EST 

Cable & Wireless Communications PLC:Declares interim dividend of $1.33 cents per share will be paid on Jan.9, 2015 to ordinary shareholders on the register at the close of business on Nov. 21.  Full Article

Cable & Wireless Communications PLC announces proposed acquisition of Columbus International Inc
Thursday, 6 Nov 2014 02:00am EST 

Cable & Wireless Communications PLC:Has agreed terms to purchase 100 pct of equity of Columbus International Inc.Says acquisition for $1.85 bln.Proposes to finance cash consideration of about $707.5 mln through combination of net proceeds of a placing of new shares constituting about 9.99 pct of CWC's outstanding share capital, that was separately announced and new debt financing.Transaction will be earnings neutral in the first full year post-completion and materially earnings enhancing in subsequent years.  Full Article

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 helped Britain spy on the world: Channel 4

LONDON - Telecommunications firm Cable & Wireless helped Britain eavesdrop on millions of Internet users worldwide, Channel 4 reported on Thursday, citing previously secret documents leaked by a fugitive former U.S. National Security Agency contractor.

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