Feeds

C&W bull(dog)ish about LLU

Full commercial launch set for summer

  • alert
  • submit to reddit

Build a business case: developing custom apps

Cable & Wireless (C&W) is ramping up investment in local loop unbundling (LLU) and is preparing for a full commercial launch by the middle of the year.

In a trading update today the UK telco reports that it had installed its kit in 68 telephone exchanges with another 317 in the pipeline, as of by the end of December.

C&W's LLU ambitions were fuelled by last year's acquisition of LLU ISP Bulldog Communications for £18.6m. C&W is one of a number of operators currently investing in LLU, encouraged by hefty price reductions for LLU costs and also by a regulator keen to promote broadband competition.

C&W chief exec Francesco Caio is "encouraged by the response within our London market and will be ready to move to a full commercial launch by mid 2005, when we intend to report key metrics on Bulldog Communication's development. This is in line with our initial plan to unbundle 400 exchanges by the end of 2005."

Revenues for the three months to the end of December were £808m, down 1 per cent on the previous quarter. Revenue in the UK dipped four per cent to £390m compared to the previous three months.

The company says that reorganisation of its UK business is progressing and that costs have been cut, largely due to the 600 job losses announced in November. The telco continues to cut overheads and this "remains a focus" for the company.

Revenues for C&W's international telcos in Europe, Asia, the Caribbean, Panama, and the Middle East - rose 4 per cent to £306m. The company is still assessing the trading impact of the Indian Ocean tsunami on its Maldives business but reported that "at this stage we do not expect it to be large".

Shares in C&W were up 7.25p (6.43 per cent) at 120p in early trading. ®

Related stories

Post Office delivers phone service
C&W donates $1m for tsunami relief in Maldives
C&W to axe 600 jobs
C&W to throw £85m at LLU

The essential guide to IT transformation

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?