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C&W Worldwide H1 2011/12 results - Venture Insights

Report Overview

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C&W Worldwide H1 2011/12 results

PublisherEnders Analysis.
Publish Date November 18, 2011
Sector Fixed Line (Internet and Voice).
Company Cable & Wireless.

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Cable &Wireless Worldwide’s performance for the six months to September was weak but made to look worse by one-offs

Underlying performance continues to be hit by strong competition and loss of voice revenue, but the impact of this has been made worse by underinvestment in data centres and neglect of the wholesale and SME businesses

The outlook for the year to March 2012 is poor, in line with the June warning. Beyond that, further investment in hosting and related capabilities will be necessary, and we continue to expect modest growth