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LONDON, April 25 (Reuters) - Cable & Wireless Communications has sold its stake in Monaco Telecom to Frenchentrepreneur Xavier Niel, chief executive and founder oflow-cost telecoms provider Iliad, for 322 million euros($445 million).

The British group, which has been disposing of businessesoutside its core central America and Caribbean regions,previously agreed to sell the stake to Bahrain's Batelco, butthe deal collapsed late last year.

It said the sale of the business to Niel had received allrequired legal and regulatory consents from the Principality ofMonaco, which is located in southern France.

Niel is buying Compagnie Monegasque de Communication, aholding company that owns a 55 percent stake in Monaco Telecom,the incumbent operator in the principality and also the owner ofa 36.75 percent stake in Telecom Development Company AfghanistanLimited (Roshan), a mobile operator in Afghanistan.

Cable & Wireless said once the deal completed it wouldgenerate all of its revenue from the Caribbean and Latin Americaregion, with the exception of the Seychelles.($1 = 0.7236 Euros) (Reporting by Paul Sandle, Editing by kate Holton)