Feeds

C&W/Energis merger to be finalised shortly

Mixed bag of numbers though

Internet Security Threat Report 2014

Cable & Wireless' acquisition of Energis looks set to be completed within the next couple of days, the UK telco announced today.

Two weeks ago the Office of Fair Trading (OFT) gave the OK for the £600m deal to proceed without any further scrutiny.

In an announcement today C&W said that it "anticipates completion within the next few days" securing its place as the UK's second largest fixed line telco behind BT.

"We will launch our integration of the two businesses on 14 November and we will update the market on the progress of the integration and our plans for the combined business in February 2006," said C&W.

Energis also revealed that it's been successful at weaning itself off dial-up revenue from narrowband ISPs. Instead, it's been winning business from large customers including the BBC, Siemens and the UK Government.

As a result revenue for the first six months of the year was up from £348m to £361m.

Separately, C&W reported that interim group revenues for the six months to September were £1.48bn - up 1 per cent compared to last year although pre-tax profits fell from £178m to £126m over the same period. ®

Beginner's guide to SSL certificates

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.