3 Feb 2015 16:00
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Don't have an account? Click here to register.Cable & Wireless extends longstop date for Columbus acquisition
Mon, 02nd Mar 2015 14:35
Cable & Wireless Communications (CWC) said on Monday it has agreed to extend the longstop date of the acquisition of Columbus International.The longstop date will be extended from 28 February to 15 March.The $1.85bn acquisition of the privately-owned telecommunications and technology company operating in the Caribbean, Central America and the Andean regions was announced in November.CWC expects the deal to increase investment, generate more jobs and provide customers with more mobile networks, faster broadband and more TV choices.Phil Bentley, CWC's chief executive, said at the time of the announcement: "This is a transaction that transforms CWC, providing a step-change in growth and returns."Together, we will create the best-in-class quad-play offering in the region, delivered on a superior mobile, fibre and subsea network."Shares in Cable & Wireless rose 1.03% to 58.9p on Monday at 14:40.
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9 Jan 2015 06:20
15 Dec 2014 09:29
Monday broker round-up
Ashtead Group: Berenberg raises target price from 1170p to 1345p and keeps its 'buy' recommendation. Aviva: Citi increases target price from 590p to 620p and maintains a 'buy' recommendation. Bellway: Deutsche Bank ups target price from 1760p to 1778p and reiterates its 'hold' recommendation. Berk
Read more20 Nov 2014 21:44
Cable & Wireless helped Britain spy on the world -Channel 4
LONDON, Nov 20 (Reuters) - 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. Cable & Wireless, wh
Read more20 Nov 2014 11:50
Cable & Wireless closer to acquiring Columbus International, downgraded to hold by Deutsche Bank
Cable & Wireless Communications (CWC) is a step closer to completing its acquisition of Columbus International Inc, a leading, privately owned fibre-based telecommunications and technology provider that operates in the Caribbean, Central America and the Andean region. CWC agreed the terms of the con
Read more18 Nov 2014 09:42
Tuesday broker round-up
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read more14 Nov 2014 10:06
14 Nov 2014 06:16
13 Nov 2014 16:49
Flush from Columbus win, C&W says set to take battle to Caribbean rival
By Kate Holton and Paul Sandle LONDON, Nov 13 (Reuters) - Cable & Wireless Communications Plc believes its expensive victory in the battle to buy broadband and TV provider Columbus will give it the heft it needs to take on fierce rival Digicel in the Caribbean. C&W, which has sold ope
Read more13 Nov 2014 16:30
11 Nov 2014 11:37
11 Nov 2014 10:20