Vodafone’s decision to bid £1bn ($1.7bn) for Cable and Wireless Worldwide (CWW) underlines its ambitions to ease its reliance on BT and save on its network costs, beef up its enterprise offering and become the UK’s second largest operator in terms of revenue, behind BT, while it eyes further international expansion.
UK-based operator group Vodafone has reached an agreement to acquire fixed line network provider Cable and Wireless Worldwide (CWW) for £1bn ($1.7bn). Vodafone said the acquisition will make it the second-largest operator in the UK in revenue terms, behind BT.
Fortunato Bertello is customer service executive director for Cable & Wireless, Panamá and is speaking on Day One of the LTE Latin America 2012 conference, taking place on the 17-18 April 2012 at the Windsor Barra Hotel, Rio de Janeiro, Brasil. We speak to him about the impact LTE will have on the customer experience and how to educate customers about its benefits.
UK-based carrier Vodafone has confirmed that it is mulling the prospect of taking over Cable & Wireless Worldwide (CWW). The latter’s international backbone network would bolster the core bandwidth availabel to Vodafone.
As uptake of cloud computing services by multinational corporations takes off, Ovum research indicates that the credibility of telcos as trusted providers in the space has increased significantly in the past year.
Tags; Cable & Wireless
, cloud computing
, Cloud Services
, Evan Kirchheimer
, Matt Key
, News & Analysis
Monaco Telecom, the local operator of the French principality, has launched a pilot project to roll out LTE-based 4G services.
UK-based carrier Cable & Wireless said Monday that its Indian operation has signed an asset sharing agreement with Indian operator Bharat Sanchar Nigam Ltd (BSNL). Under the memorandum of understanding, both companies will share their networks and other telecom infrastructure, allowing BSNL to expand its global network and giving C&W a better foothold in India. [...]
UK-based carrier Cable & Wireless said Wednesday that it has made an approach on smaller fixed line operator Thus, which also owns the Demon brand, bumping up the company’s share price. C&W said however that there is no certainty the discussions will result in an offer being made. “Cable and Wireless notes the recent movement [...]
UK-based carrier Cable & Wireless said Thursday it is considering splitting the company into two parts, as it reported a decline in annual profit. C&W said that profit for the year to end March 31 fell to £220m from £234m in the pervious year. Revenues declined from £3.34bn to £3.15bn over the same period. At [...]