Cable & Wireless Communications (CWC) has revealed that it has reached an agreement with Bahrain Telecommunications Company (Batelco) regarding the sale of the majority of its businesses within its ‘Monaco & Islands’ division. In a press release confirming the development, CWC has confirmed that it will sell off its entire shareholdings in the Maldives, the Channel Islands, the Isle of Man, the Seychelles, South Atlantic and Diego Garcia, while it will also divest a 25% stake in Compagnie Monegasque de Communication SAM (CMC), the company which holds CWC’s 55% interest in Monaco Telecom
See the original article here:
OVETEL CWC agrees to divest Monaco & Islands operations to Batelco
No comments:
Post a Comment