Feeds

C&W bull(dog)ish about LLU

Full commercial launch set for summer

  • alert
  • submit to reddit

Intelligent flash storage arrays

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

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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?
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.