Feeds

C&W/Energis merger to be finalised shortly

Mixed bag of numbers though

SANS - Survey on application security programs

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. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.