CABLE AND WIRELESS TO TACKLE EUROPEAN MARKET WITHOUT TELECOM ITALIA.
The British telecommunications company Cable & Wireless announced on November 11 that it plans to tackle the European market alone, after failing to finalise an alliance with Telecom Italia. Managing Director Dick Brown blamed turbulence within the Telecom Italia Board since the announcement in April of an alliance between the privatised Italia operator and Cable & Wireless. The alliance would have involved the launch of two joint ventures, one focusing on networks, the other on teleservices, as well...
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