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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, May 22, 2009

Rising Profits at Cable & Wireless

Anticipating rising profitability at both its mobile operations and in its enterprise business, Cable & Wireless forecast that its capital expenditure will rise 4% to approximately 477 million British pounds (758 million US dollars) in the year to March 31, 2010.

In the year to March 31, 2009, underlying group revenue rose by 3% to 3.65 billion pounds, which C&W attributed to significant new IP, data and hosting contracts for its enterprise business, together with growth at its mobile business in Panama. source: C&W statement

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