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Cable & Wireless Communications PLC Announces Completion Of Monaco & Islands Disposal

Wednesday, 3 Apr 2013 07:32am EDT 

Cable & Wireless Communications PLC announced the completion of the disposal of the majority of its Monaco & Islands division, announced on December 3, 2012 (the Disposal). CWC has received the required consents and approvals for the sale of its businesses in The Maldives, the Channel Islands and the Isle of Man, the South Atlantic and Diego Garcia to Batelco Group (Batelco). Consequently the conditions for the Disposal as outlined in the Circular to Shareholders dated December 19, 2012 (the Circular) have been satisfied and the Disposal has completed in respect of those businesses.