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Cable & Wireless posts first top-line growth since 2010 demerger

Wed, 20th May 2015 06:17

LONDON, May 20 (Reuters) - London-listed Cable & Wireless posted a 4 percent rise in revenue, its first top linegrowth since it demerged from the former Cable & Wireless in2010, reflecting early results from a $1 billion upgrade of itsnetworks.

In the last set of numbers before it completed theacquisition of Columbus International on March 31, the groupwhich has operations in the Caribbean and Central Americareported full-year earnings of $585 million, up 7 percent, onrevenue of $1.75 billion, both broadly in line withexpectations.

(Reporting by Paul Sandle; editing by Sarah Young)

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