RNS17 Oct 2012 09:15
Response to Press Speculation - Cable&Wireless Comms
Wednesday, 17 October 2012
RNS Number : 8507O
Cable & Wireless Communications PLC
17 October 2012
17 October 2012
RESPONSE TO PRESS SPECULATION
Further to recent press speculation, Cable & Wireless Communications Plc ("CWC") confirms that it is in discussions with CITIC Telecom International Holdings Limited ("CITIC") regarding a potential sale of its 51% shareholding in Companhia de Telecomunicações de Macau S.A.R.L. ("CTM") in Macau. CITIC is a 20% shareholder in CTM.
At this point there can be no certainty that the discussions will lead to a transaction. A further announcement will be made, if appropriate, in due course.
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About Cable & Wireless Communications
Cable & Wireless Communications is a global full-service communications business. We operate leading communications businesses through four regional units - the Caribbean, Panama, Macau and Monaco & Islands. Our services include mobile, broadband and domestic and international fixed line services in most of our markets as well as pay TV, data centre and hosting, carrier and managed service /social telecom (telecom enabled public services) solutions. Our operations are focused on providing our customers - consumers, businesses, governments - with world-class service. Serving the communities where we operate is at the heart of our approach, and we are committed to behaving in an ethical and socially responsible manner. For more information visit www.cwc.com.
Contacts
Cable & Wireless Communications
Media
Lachlan Johnston +44(0) 20 7315 4006 / +44 (0) 7800 021 405
Steve Smith +44(0) 20 7315 4070
Investors
Kunal Patel +44(0) 20 7315 4083
This information is provided by RNS
The company news service from the London Stock Exchange
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