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Cable & Wireless Announce Record Results

Cable & Wireless Announce Record Results

Cable & Wireless has announced record financial results for the year ended 31 March 1997. Turnover was up 13% on the previous year to reach £7 billion, while pre-tax profits hit £1.4bn, up 12%.

The company is also looking forward to success with Cable & Wireless Communications, its 52% owned venture with Nynex Cablecomms, Mercury Communications, Videotron and Bell Cablemedia (subscribers see Cable Companies Merge).

C&W: 0171 315 4000

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