News: Cable & Wireless Communications PLC (CWC.L)

CWC.L on London Stock Exchange

42.00GBp
8 May 2013
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0.03p (+0.07%)
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Wed, Apr 3 2013

BRIEF-Bahrain Batelco completes $570 mln buy of C&W Comms assets

DUBAI, April 3 - Bahrain's Batelco completes $570 million purchase of some Cable & Wireless Communications' assets - statement.

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UPDATE 1-C&W Comms rolls out fibre network after disposals

LONDON, Feb 8 - Cable & Wireless Communications said it had started to roll out a fibre network in its Barbados and Cayman markets as part of its new strategy to focus on the pan American region.

China Citic Telecom shares surge after $1.2 billion Macau deal

HONG KONG/LONDON - Shares of Citic Telecom International Holdings Ltd had their biggest one-day percentage gain in more than two years on Monday after striking a $1.2 billion deal to gain control of a Macau telecommunications company from Cable & Wireless Communications Plc and Portugal Telecom SGPS SA .

Citic to buy UK's CWC, Portugal Telecom stakes in Macau telco

HONG KONG, Jan 13 - China's Citic Telecom International and Citic Pacific have agreed to buy a 79 percent stake in a Macau telecom company from U.K.-based Cable & Wireless Communications and Portugal Telecom for $1.16 billion, the Chinese companies said in a statement on Sunday.

TEXT-S&P summary: Cable & Wireless Communications PLC

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TEXT-S&P:Cable & Wireless rtgs unaffected by M&I disposal

Dec 06 - Standard & Poor's Ratings Services said today that its ratings and outlook on U.K.-based telecommunications services provider Cable & Wireless Communications PLC (CWC) (BB/Stable/B) are unaffected by an agreement to sell its Monaco and Islands business to Bahrain Telecommunications Company (BBB-/Negative/A-3). We understand that the transaction is subject to regulatory approval and expected to close in 2013 or 2014.

Batelco to buy CWC assets in $1 billion deal

DUBAI - Bahrain Telecommunications Co (Batelco) has agreed to buy Cable & Wireless Communications' assets in Monaco and some islands in a deal worth up to $1 billion, hoping growth overseas will offset falling revenue and market share at home.

C&W Comms sells Monaco & Islands for $680 mln

LONDON, Dec 3 - Cable & Wireless Communications said on Monday it had reached an agreement to sell its assets in the Monaco & Islands division to Bahrain Telecommunications Co (Batelco) for $680 million.

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