Home _ News & Media _ Press Releases _ Disposal of Monaco Telecom for consideration of €322 million (US$445 million)

Disposal of Monaco Telecom for consideration of €322 million (US$445 million)

25 April, 2014

Cable & Wireless Communications Plc has agreed the sale of Compagnie Monégasque de Communication S.A.M., the holding company for CWC’s 55% stake in Monaco Telecom S.A.M., to a private investment vehicle controlled by Xavier Niel, the French entrepreneur and industrialist, for a total consideration of €321,788,000 (US$445 million).

Click here to download the article

Also in Press Releases
C&W Networks And Te Subcom Extend Pan-Caribbean Partnership To Provide Capacity Upgrades To Multiple Cable Systems

SubCom’s ECLink Regional Upgrade will enable C&W Networks to fulfill… Read on

Flow Study Gets More Caribbean Students Closer To Examination Success

...an online portal to help students better prepare for the… Read on

Flow’s Summer And Back To School Initiatives Get Students Ready For The New Academic Year

Thousands of students around the region are now primed for… Read on

Customers Embrace Flow Lend

Credit advance app for prepaid mobile customers Read on

Related pages
Media

Our news & media centre features breaking news from Cable… Read on

Afghanistan

Read on

Maldives operating licence renewed

Cable & Wireless International’s Maldives operation, Dhiraagu, has been granted… Read on