Quote:
Originally Posted by m419
Probably to fund for investments on the backward 3G side of O2 UK.
I know it was demerged away from BT together with the BT Mobile networks and formed MMo2 until Telefonica acquired it all. I would have thought Telefonica would sell it off eventually. Originally, I think O2 primarily used Manx Telecom to funnel money into investments of its mobile networks. Over the past few years, Cable and Wireless has begun competing with Manx Telecom and Jersey Telecom.
2 tax havens for Cable and Wireless, they probably make twice as much as money than they did from the UK cable business in the 90s
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Cable & Wireless split into Cable & Wireless Communications (Intenational Telecom provider) and Cable & Wirless Worldwide (communication networks and services)
Cable & Wireless Communications (which provides Telecom services in Panama, Macau, Caribbean, Maldives the Channel Islands and the Isle of Man) is doing well
Cable & Wirless Worldwide (who provide communication networks and services to businesses worldwide) is not doing so well
They were in the Telcoms/Cable business (Mercury Communications/Cable & Wirless Communications) form 1984 to the late 1990s (when it was bought by NTL)
---------- Post added at 14:00 ---------- Previous post was at 13:59 ----------
Quote:
Originally Posted by m419
Probably to fund for investments on the backward 3G side of O2 UK.
I know it was demerged away from BT together with the BT Mobile networks and formed MMo2 until Telefonica acquired it all. I would have thought Telefonica would sell it off eventually. Originally, I think O2 primarily used Manx Telecom to funnel money into investments of its mobile networks. Over the past few years, Cable and Wireless has begun competing with Manx Telecom and Jersey Telecom.
2 tax havens for Cable and Wireless, they probably make twice as much as money than they did from the UK cable business in the 90s
In these islands, Sky is the dominant pay tv provider, time for someone to compete?
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What about Canal Plus for the Channel Islands, or even Virgin Media and UPC!