24 Jul 2015 05:15
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Don't have an account? Click here to register.Liberty Global to acquire Cable&Wireless in £3.5bn deal
Mon, 16th Nov 2015 19:25
(ShareCast News) - Liberty Global reached an agreement on Monday to purchase Cable&Wireless Communications in a cash and stock deal valuing the carrier at £3.5bn ($5.3bn).The transaction - which valued the London-listed carrier at 10.7 operating earnings - was set to extend the reach of his enterprise further into Latin America.In the past decade, the US company led by billionaire John Malone had spent over $50bn buying-out rivals in Europe.Over the summer Malone had created a tracking stock for Liberty Global's assets in Chile and Puerto Rico called LiLAC.In October, people familiar with the matter told Bloomberg he might spin-off the unit.As of 19:24 shares in NASDAQ-listed Liberty Global were falling 1.72% to reach $44.57.
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21 Jul 2015 09:06
Cable & Wireless quarterly revenue rises, reiterates guidance
(ShareCast News) - Telecoms provider Cable & Wireless Communications reported a 4% increase in revenue in the first quarter and reiterated guidance for its current financial year. In a statement released on Tuesday, the FTSE 250 group attributed the rise in overall revenue to a strong performance in
Read more21 Jul 2015 06:27
Cable & Wireless Comms says on track with first-quarter growth
LONDON, July 21 (Reuters) - Cable & Wireless Comms, the telecoms group active in the Caribbean and Latin America, said demand for broadband and video helped it grow in the first quarter, as mobile revenue stalled. The company, which bought rival Columbus earlier this year, said group revenu
Read more21 Jul 2015 05:17
21 Jul 2015 05:17
20 Jul 2015 16:40
Tuesday preview: UK deficit shrinking further, PSNB should show
(ShareCast News) - A further considerable improvement in UK public finances should be the main item of interest for macroeconomic data hounds on Tuesday, in an otherwise very quiet day for scheduled economic data. The UK public sector net borrowing figures for June will be unveiled by the Office for
Read more20 Jul 2015 16:00