Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCWC.L Share News (CWC)

  • There is currently no data for CWC

Mobile data drives growth for Cable & Wireless Comms

Tue, 11th Feb 2014 12:23

LONDON, Feb 11 (Reuters) - Britain's Cable & WirelessCommunications said it grew mobile revenue by 4 percentin the third quarter, driven by the increasing popularity ofmobile data in its biggest markets Panama and the Caribbean.

The telecoms group said it remained confident on its outlookfor the year to end-March, underpinned by its continuedmomentum in Jamaica, where its mobile subscriber base grew 23percent year on year.

Operating costs were also significantly lower in the thirdquarter, down 11 percent in the Caribbean compared to a yearago, it said on Tuesday.

Related News

CWC.L News

FTSE 250 movers: Supergroup rises as Numis reaffirms rating
6 Nov 2014

FTSE 250 movers: Supergroup rises as Numis reaffirms rating

Supergroup rose after Numis Securities reaffirmed its 'hold' rating on the stock, with a target price of 1,100p which would suggest a potential upside...

UPDATE 2-Cable & Wireless broadens horizons with Columbus deal
6 Nov 2014

UPDATE 2-Cable & Wireless broadens horizons with Columbus deal

* C&W to buy Columbus International for $1.85 bln * Cable TV mogul John Malone to own abt 13 pct of C&W * C&W posts first revenue growth since 2010 * ...

Cable & Wireless buys tech company for $1.85bn
6 Nov 2014

Cable & Wireless buys tech company for $1.85bn

Telecom services provider Cable & Wireless Communications (CWC) has acquired Columbus International for $1.85bn. The purchase of Columbus, a privately...