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

UK BROKER RATINGS: Shore Capital Downgrades Royal Mail To Hold
22 May 2014

UK BROKER RATINGS: Shore Capital Downgrades Royal Mail To Hold

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:----------FTSE 100----------HSBC RAISES IMI PRICE T...

Sector movers: Oil stocks led higher by Petrofac
21 May 2014

Sector movers: Oil stocks led higher by Petrofac

Petrofac lifted oil equipment, services and distribution stocks higher after Barclays raised its recommendation for the UK's largest oil and gas engin...

Cable & Wireless Launches Investment Programme As It Continues To Struggle
21 May 2014

Cable & Wireless Launches Investment Programme As It Continues To Struggle

LONDON (Alliance News) - Cable & Wireless Communications PLC Wednesday said it swung to a pretax loss in its last financial year as it booked higher e...

UPDATE 1-Cable & Wireless Comms steps up network investment
21 May 2014

UPDATE 1-Cable & Wireless Comms steps up network investment

(Adds CEO comments, shares) By Paul Sandle LONDON, May 21 (Reuters) - Cable & Wireless Communications said on Wednesday it would step up investment i...

Cable & Wireless to invest 250m dollars as FY profits rise
21 May 2014

Cable & Wireless to invest 250m dollars as FY profits rise

Cable & Wireless Communications (C&WC) unveiled higher annual profits, but launched plans to invest an extra 250m dollars to boost what it described a...