Friday, 21 July 2017

Cable & Wireless faces its final curtain

By Nick Wood, Total Telecom
Friday 20 November 15

The telco industry could soon be Cable & Wireless-less for the first time since 1934.

Liberty Global this week agreed to acquire Cable & Wireless Communications (CWC) in a cash and stock transaction worth approximately US$8.2 billion. The move not only makes note-taking with the pictured pen all the more poignant, it also bolsters the U.S.-based cable group's position in Latin America and the Caribbean, a market that has been the sole focus of CWC since 2013. It is also a watershed moment, since the deal could well mark the end of the road for one the oldest companies and oldest brands in the global telecoms industry. Telco hacks have grown weary of hearing the phrase, "it's early days", in relation to new technologies and services &ndash…

Liberty Global this week agreed to acquire Cable & Wireless Communications (CWC) in a cash and stock transaction worth approximately US$8.2 billion. The move not only makes note-taking with the pictured pen all the more poignant, it also bolsters the U.S.-based cable group's position in Latin America and the Caribbean, a market that has been the sole focus of CWC since 2013. It is also a watershed moment, since the deal could well mark the end of the road for one the oldest companies and oldest brands in the global telecoms industry. Telco hacks have grown weary of hearing the phrase, "it's early days", in relation to new technologies and services &ndash…

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