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General

CWC plans USD 250 mln extra investment to boost growth

Wednesday 21 May 2014 | 16:33 CET | News
Cable & Wireless Communications announced plans to invest an additional USD 250 million in the next three years to boost growth and improve the quality of its services. This will result in total capital expenditure for the period to March 2017 of USD 1.05 billion, after spending USD 306 million last year. The Project Marlin investments follow the disposal of its activities outside Latin America, a sharp reduction in debt with the proceeds and a strategic review of its remaining assets. The investment will go to developing mobile leadership in its markets, fixed-mobile convergence, a stronger

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Categories: General
Companies: Cable and Wireless
Countries: Caribbean
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