0
General

CWC revenues up 1% to USD 595 million, EBITDA up 16%

Friday 12 February 2016 | 13:57 CET | News
Cable & Wireless Communications (CWC) reported revenues of USD 595 million in its fiscal third quarter ending 31 December, up 1 percent compared to the year-earlier quarter or 3 percent on a constant currency basis. The group's overall EBITDA soared 16 percent to USD 238 million, underpinned by cost synergies, while its EBITDA margin was up 5 percentage points to 40 percent. CWC said integration with Columbus International was continuing from an organisational, network and product perspective. Gross headcount reductions in the 9 months to 31 December came to around 1,000 and the company said

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cable & Wireless Communications
Countries: Caribbean
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

CWC sales down 8.6% to USD 594 mln in Q4

Published 16 Feb 2017 09:29 CET | Caribbean
Cable & Wireless Communications (CWC), part of Liberty Global's Latin American and Caribbean group (LiLAC), reported revenues of ...

CWC sales flat at USD 574 mln, net loss widens in Q2

Published 05 Aug 2016 16:15 CET | Caribbean
Cable & Wireless Communications (CWC), part of Liberty Global's Latin American and Caribbean group (LiLAC), reported revenues of ...

CWC posts net decline in mobile subscribers in Q4

Published 14 Jul 2016 17:12 CET | Caribbean
Cable & Wireless Communications (CWC) said it saw a net loss of 94,800 mobile subscribers over the its fiscal fourth quarter to ...

CWC revenues up 4% in fiscal H1, hits 4 mln customers

Published 05 Nov 2015 15:45 CET | Caribbean
Cable & Wireless Communications (CWC) reported revenues up 4 percent to USD 1.2 billion in the first half of its 2015/16 fiscal ...

CWC revenues up 4% to USD 583 mln in June quarter

Published 28 Jul 2015 14:14 CET | Caribbean
Cable & Wireless Communications (CWC) reported revenues up 4 percent to USD 583 million in its fiscal first quarter to 30 June, ...

CWC FY revenues up 4% to USD 1.8 bln, first growth in 5 yrs

Published 20 May 2015 13:49 CET | Caribbean
Cable & Wireless Communications (CWC) reported revenues up 4 percent to USD 1.75 billion for the year ending 31 March. The ...

CWC's Q3 revenues up 5% year-on-year

Published 10 Feb 2015 19:40 CET | Caribbean
Cable & Wireless Communications (CWC) recorded revenues of USD 444 million in the third quarter of fiscal year 2014/15, ended 31 ...

Lime posts revs of USD 143 mln in fiscal H1

Published 06 Nov 2014 23:19 CET | Caribbean
Lime, the Caribbean business of Cable & Wireless Communications (CWC), posted revenues of USD 143 million in the first half of ...

CWC records net profit of USD 103 mln in fiscal H1

Published 06 Nov 2014 21:25 CET | Caribbean
Cable & Wireless Communications (CWC) recorded a net profit of USD 103 million in the first half of fiscal year 2014/15, ended 30 ...

C&W Communications buys Columbus Int'l for USD 1.85 bln

Published 06 Nov 2014 09:38 CET | Central America
C&W Communications said it has agreed to acquire Columbus International, a privately-owned fibre services provider in the ...

CWC's fiscal Q1 revenues expand 4 percent sequentially

Published 28 Jul 2014 16:01 CET | Caribbean
Cable & Wireless Communications (CWC) saw a 4 percent increase in mobile telephony revenues in the first fiscal quarter, ended ...

CWC plans USD 250 mln extra investment to boost growth

Published 21 May 2014 16:33 CET | Caribbean
Cable & Wireless Communications announced plans to invest an additional USD 250 million in the next three years to boost growth ...

CWC mobile revenue up 4% boosted by data growth

Published 12 Feb 2014 18:53 CET | Caribbean
Cable&Wireless Communications (CWC) saw its revenue across the group increase by 4 percent, driven by strong data growth. ...

CWC group revenue drops 3% to USD 935 mln in H1

Published 08 Nov 2013 04:23 CET | Caribbean
Cable & Wireless Communications saw its overall group revenue drop 3 percent to USD 935 million for the six months ended 30 ...