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Monaco Telecom acquisition

11th Feb 2008 10:01

Cable & Wireless PLC11 February 2008 11 February 2008 MONACO TELECOM ACQUIRES 49% OF THE CONNECTEO GROUP Monaco Telecom has acquired a 49% holding in the Connecteo Group, a supplier ofsatellite, data and internet services in six African countries from itsmanagement and local investors. The gross assets of the Connecteo Group as at30 September 2007 were £3.2 million. Monaco Telecom is jointly owned by the Principality of Monaco and Cable &Wireless International. About Cable & Wireless Cable & Wireless is one of the world's leading international communicationscompanies. It operates through two standalone business units - International andEurope, Asia & US. The International business unit operates integrated telecommunications companiesin 33 countries offering mobile, broadband, domestic and international fixedline services to residential and business customers, with principal operationsin the Caribbean, Panama, Macau, Monaco and the Channel Islands. For more information about Cable & Wireless, go to http://www.cw.com For further information: Ashley Rayfield Investor Relations Director +44 (0) 20 7315 4460 Mat Sheppard Investor Relations Manager +44 (0) 20 7315 6225 This information is provided by RNS The company news service from the London Stock Exchange

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