Cable & Wireless

NEW YORK-Cable & Wireless Optus, Australia’s second-largest multiservice telecommunications carrier, plans to raise about $600 million in a stock sale Nov. 16, its initial public equity offering. Merrill Lynch & …

LONDON-Cable & Wireless Global Mobile said it reached 3.1 million customers representing a year-over-year customer growth rate of 45 percent. The company said it had strong performances in Singapore through …

Japan A large Japanese carrier in the Asia-Pacific region selected Brite Voice Systems to provide voice-activated dialing services to its markets throughout Japan, said Brite. The company values the contract …

LONDON-Cable & Wireless plc completed its $1.75 billion cash acquisition of MCI Corp.’s U.S.-based Internet business, including its Internet backbone services, about 1,000 specialist employees, as well as its retail …

NEW YORK-Moody’s Investors Service, London, announced it has placed the long-term ratings of about $4 billion of Cable & Wireless plc debt under review for possible downgrade because of the …

NEW YORK-Take heed wireless telecommunications carriers! The chickens have come home to roost, and royalties are due for the systems that run up to 90 percent of all prepaid telecommunications …

OXFORD, United Kingdom-The United Kingdom likes to portray itself as a pioneer in cellular. Certainly it was early on the scene, with two analog TACS (Total Access Communications System) networks …

JOHANNESBURG, South Africa-The licensing of two additional cellular carriers in South Africa will represent the biggest opportunity for black empowerment in Africa-and for some, the last chance to become involved …

LONDON – Cable & Wireless plc announced plans to sell its 25-percent interest in Mobile Telephone Networks Holdings (Pty) Ltd., a South African Global System for Mobile communications operator, to …

PAGEMART PageMart Wireless Inc. promoted two executives, Wayne Stargardt and Donna Regenbaum. Stargardt was named vice president of the company’s fastest-growing business unit, the Carrier Services Division. Stargardt previously was …

NEW YORK-Telecommunications carriers broke records Aug. 6 in the debt markets, with WorldCom Inc. selling the largest corporate bond issue ever and a Bell Atlantic Corp. subsidiary, the biggest exchangeable …

NEW YORK-Even if telecommunications giants seeking to combine with each other clear the myriad hurdles confronting their plans, the success of their bids to merge may depend ultimately on approval …

Italian telecommunications operator Telecom Italia has abandoned its plans to buy minority interests in certain global holdings of Cable & Wireless plc, the companies confirmed last week. The two have …

WASHINGTON-The European Commission last week gave conditional approval to the proposed merger between MCI Communications Corp. and WorldCom Inc. The approval is subject to the divestiture of MCI’s Internet services …

WASHINGTON-The European Commission in early July gave conditional approval to the proposed merger between MCI Communications Corp. and WorldCom Inc. The approval is subject to the divestiture of MCI’s Internet …

Cable & Wireless Communications plc confirmed the company is in negotiations with four mobile telecommunications operators in the United Kingdom for the possible sale of its mobile services division. The …

LONDON-Cable & Wireless plc announced plans to purchase MCI Communications Corp.’s Internet backbone service business for $625 million, which should help clear the way for the European Commission to approve …

OXFORD, England-Both Cable & Wireless plc and Telecom Italia have been searching long and hard for an international partner. Now the search may be over. The two operators intend to …

Signaling the beginning of a global partnership, Telecom Italia said it will pay $2 billion for minority interests in Cable & Wireless plc’s international businesses. “I am pleased to welcome …

NEW YORK-Wireless telecommunications services and equipment providers issued nearly $14 billion in debt securities during the first quarter of this year, according to Securities Data Co., Newark, N.J. Overall issuance …

LONDON-Cable & Wireless plc said brisk sales during the holiday season helped its mobile telecommunications subscriber base surpass the 2 million mark. The total number of customers among companies in …

LONDON-Moody’s Investors Service has assigned long-term ratings of Baa1 to the proposed $1 billion and $650 million bond issues of Cable & Wireless Communications, which will provide integrated telecommunications services …

STOCKHOLM, Sweden-L.M. Ericsson built the first phase of Cable & Wireless Panama’s digital Advanced Mobile Phone Service network infrastructure as part of a projected five-year investment in that company, said …

ArrayComm Inc. announced the opening of a liaison office in New Delhi, India, to serve a growing interest in its proprietary IntelliCell processing technology and IntelliWave wireless local loop system. …

NEW YORK-Hongkong Telecom showed strong growth in revenues, net income and earnings for the six-month period that ended Sept. 30, according to results the carrier released Friday. Compared with the …