17th Jan 2007 09:13
PRESS RELEASE
CABLE & WIRELESS COMPLETES SALE OF BATELCO STAKE FOR US$506.1M
Cable & Wireless International today, 17 January 2007, confirms that it has completed the sale of its 20% stake in Bahrain Telecommunications Company B.S.C. ("Batelco"), the leading Bahraini fixed line and mobile telecommunications operator.
Notes to editorsAbout Cable & Wireless
Cable & Wireless is one of the world's leading international communications companies. It operates through two stand-alone business units - International and UK.
The International business unit operates integrated telecommunications companies in 33 countries offering mobile, broadband, domestic and international fixed line services to residential and business customers, with principal operations in the Caribbean, Panama, Macau, Channel Islands and Monaco.
The UK business unit provides enterprise and carrier solutions to the largest users of telecoms services across the UK, US, continental Europe and Asia, plus wholesale broadband services in the UK.
For more information about Cable & Wireless, go to www.cw.com .
For further information:
Clare Waters Director of External Affairs +44 (0) 20 7315 4088 Ashley Rayfield Investor Relations Director +44 (0) 20 7315 4460 Matthew Sheppard Investor Relations Manager +44 (0) 20 7315 6225 Paul Wood Head of Communications - +44 (0) 20 7315 4044 International Press Office Cable & Wireless +44 (0) 1344 818 888 Rollo Head Finsbury +44 (0) 20 7251 3801 James Wyatt-Tilby Finsbury +44 (0) 20 7251 3801
Cable & Wireless PLCRelated Shares:
CWC.L