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Wireless

CWC mobile revenue up 4% boosted by data growth

Wednesday 12 February 2014 | 18:53 CET | News
Cable&Wireless Communications (CWC) saw its revenue across the group increase by 4 percent, driven by strong data growth. Quarterly mobile service revenue rose 42 percent on the prior year in local currency at CWC's Jamaica unit. Monaco also continued to perform strongly in the quarter with a good mobile performance and beneficial currency rates, the company said. At 31 December 2013, group net debt was USD 504 million, an increase of USD 144 million since 30 September 2013 following the unwinding of the Monaco Telecom disposal agreement with Batelco and part payment for the licence extension

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Categories: Mobile & Wireless
Countries: Caribbean / Monaco
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