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General

CWC's fiscal Q1 revenues expand 4 percent sequentially

Monday 28 July 2014 | 16:01 CET | News
Cable & Wireless Communications (CWC) saw a 4 percent increase in mobile telephony revenues in the first fiscal quarter, ended June 30, compared to the previous fiscal quarter, ended March 31. CWC, which operates in the Caribbean as LIME, said that the mobile segment currently accounts for 55 percent of the group's overall revenues. In Jamaica, revenue grew 34 percent at constant currency, while in Cayman revenue expanded by 11 percent following the introduction of LTE services. In Panama, the firm's revenue expanded 5 percent compared to the previous quarter.

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Categories: General
Companies: Cable and Wireless
Countries: Caribbean
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