C&W offloads Macau assets
Hong Kong operator CITIC Telecom is to take control of Macau operation Companhia de Telecomunicações de Macau (CTM) after agreeing to purchase the 51 per cent stake owned by Cable & Wireless Communications for a total consideration of $749.7m.
C&W in smart grid play
UK operator Cable&Wireless Worldwide has partnered with smart grid specialist Silver Spring Networks to collaborate on the delivery of smart grid and smart metering facilities in the UK.
France Telecom eyeing Kenya, C&W?
Cable & Wireless was being ground through the rumour mill on Friday morning, with abundant speculation that France Telecom was in the picture to buy out the carrier. Earlier in the week, the carrier had posted a profit of £134m for the six months to the end of September, compared to an income of £58m [...]





With summer supposedly fast approaching, many look to trim some fat and get in shape for the sunny months. The Informer has never been a huge fan of gyms; in fact his favourite machine in the gym is the one that sells chocolate. Telefonica’s UK arm O2, is one business that is looking to get lean for the holidays, though, and this week it announced that it is to trim 3,500 UK employees.