Cable & Wireless

Cable & Wireless (LSE: CW.) is a British telecommunications company. In the mid-1980s, it became the first company in the UK to offer an alternative telephone service to British Telecom (via subsidiary Mercury Communications, merged into C&W in 1997). The company later offered cable TV to its customers, but it sold its cable assets to NTL in 2000. It remains a significant player in the UK telecoms market and in certain overseas markets, especially in the former British colonies of the Caribbean, where it was formerly the monopoly incumbent. The Caribbean division is expected to rebrand as LIME (Landline, Internet, Mobile and Entertainment). It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index