Sunday, 24 June 2018

C&W buys Columbus for $1.85 billion

By Mary Lennighan, Total Telecom
Thursday 06 November 14

Latin America-focused telco issues new shares to pay for network operator; posts revenue, EBITDA growth in 1H.

Cable & Wireless Communications on Thursday announced that it will pay US$1.85 billion to take over Americas network operator Columbus International. The telco said it will finance the purchase in part by issuing new shares equal to 9.99% of its outstanding share capital…

Cable & Wireless Communications on Thursday announced that it will pay US$1.85 billion to take over Americas network operator Columbus International. The telco said it will finance the purchase in part by issuing new shares equal to 9.99% of its outstanding share capital…

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