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Mobile data drives growth for Cable & Wireless Comms
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.
Latest CWC News
- CWC exits South Pacific by selling Soltel stake
15 Oct 2014 - Cable & Wireless To Sell Solomon Telekom Stake For USD16.5 Million
15 Oct 2014 - Tuesday broker round-up UPDATE
14 Oct 2014 - UK BROKER RATINGS: HSBC Upgrades IAG To Overweight From Neutral
14 Oct 2014 - UK BROKER RATINGS: HSBC Upgrades Lloyds, Barclays To Overweight
9 Sep 2014 - UK WINNERS & LOSERS: WPP Leads FTSE 100 On Results And Dividend
26 Aug 2014 - Cable & Wireless Communications buys Panama's Sonitel for $36m
26 Aug 2014 - Cable & Wireless Subsidiary Acquires Group Sonitel For USD36 Million
26 Aug 2014
Related News
CWC.L News
CWC exits South Pacific by selling Soltel stake
Central America-focused telecoms group Cable & Wireless Communications (CWC) is to offload its near-33% stake in Solomon Telekom (Soltel) for $16.5m. ...
Tuesday broker round-up UPDATE
Anglo Pacific: FinnCap upgrades to buy with a target price of 158p. Peel Hunt shifts target price from 196p to 198p retaining its buy recommendation. ...
Cable & Wireless Communications buys Panama's Sonitel for $36m
Cable & Wireless Communications (CWC) said on Tuesday it acquired Panama-based Grupo Sonitel through its subsidiary Cable & Wireless Panama. The Brit...
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