Feeds

C&W moots more UK acquisitions

Wants to be major telco player

  • alert
  • submit to reddit

Reducing security risks from open source software

Cable & Wireless - the telco even the boss admits was regarded as "down and out" - has ambitions to be a major business telecoms player in the UK.

Last month, C&W bought broadband outfit Bulldog for £19m. In an interview today with The Telegraph, chief exec Francesco Caio suggested there could be more acquisitions in the pipeline. "Our job in the UK is to define the best way of reaching a sustainable and profitable position. Bulldog was a way of accelerating our strategy. Other acquisitions have to be assessed in that context."

The report reels off a number of ISP and telcos that could be of interest to C&W: they include Colt, Easynet, Energis, Kingston, Pipex and Thus.

C&W also likes owning integrated telecoms companies in small countries. This month, it agreed to buy Vivendi's 55 per cent stake in Monaco Telecom for €196m cash. The Caribbean has proved a big cash cow for the firm, but new entrants are making for tougher competition. ®

Related stories

Cable & Wireless is not 'down and out'
C&W buys Bulldog
C&W chases five ex-staff for £25m fraud

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.