Cable & Wireless Communications Plc (CWC.L) provided an update on the performance and financial position of the Group since the year ended March 31, 2012.
The company said it continued to see growth in mobile data revenues, notably in Macau and Panama. Voice revenue continues to decline across the Group and Cable & Wireless noted that it is working hard on costs to mitigate this especially in the Caribbean and Panama where, as anticipated, market conditions remain tough.
Termination rates in Jamaica have now been reduced and equalised which is an important step in creating a level regulatory playing field in mobile for all market players and the company has seen an early pick-up in customer numbers resulting from promotional activity.
Cable & Wireless noted that overall, Group trading performance remains in line with the outlook indicated at 2011/12 results.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.