Cable & Wireless Communications
 |
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| Subsidiary of Liberty Global | |
| Traded as | NASDAQ: LILAK |
| Industry | Telecommunications |
| Predecessor | Cable & Wireless plc |
| Founded | 1852 |
| Headquarters | 62-65 Chandos Place, London, United Kingdom |
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Key people
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John Reid (CEO) |
| Revenue | US$ 1.753 million (2014/15) |
| US$ 321 million (2014/15) | |
| US$ 33 million (2014/15) | |
| Parent | Liberty Global |
| Subsidiaries |
Columbus Communications Columbus Business C&W Business C&W Networks FLOW BTC Bahamas Cable & Wireless Panama (+Movil) |
| Website | www |
Cable & Wireless Communications Ltd is a British multinational telecommunications company headquartered in London, United Kingdom with operations in Pan-America (the Caribbean and Central America). It was formed when Cable & Wireless plc demerged in 2010 to form two companies (the other being Cable & Wireless Worldwide plc).
The company operates under a number of brands, including LIME, Cable & Wireless Panama and CWC Business. In 2015, Cable & Wireless Communications purchased Columbus Communications, and has since rebranded its LIME operations under Columbus' FLOW brand.
In November 2015, Liberty Global announced it would purchase Cable & Wireless Communications. The company was officially acquired by Liberty Global on May 16, 2016. It will undergo a six-month integration period into the LiLAC Group (Liberty's Latin American and Caribbean Group).
The origins of Cable and Wireless Communications begin in 1852 when John Pender, a Manchester cotton merchant, joined other businessmen as director of the English and Irish Magnetic Telegraph Company. This company ran a specific point to point telegraph cable service between London and Dublin, but Pender soon began founding numerous other telegraphic cable companies to run similar point to point, national and international telegraph services. Over time Pender amalgamated these into the single company that would form the basis for Cable and Wireless Communications.
Because of the early development of point to point telegraph services, Cable and Wireless's origins embrace over 50 early telegraph, radio and telecommunications companies, many of them founded by Pender.
Pender was a financier of the Great Eastern Ship which laid the first successful transatlantic telegraph cable in 1866, beginning a new era of international telegraph communications.
In 1869, Pender founded the Falmouth, Gibraltar and Malta Cable Company and the British Indian Submarine Telegraph Company, which connected the Anglo-Mediterranean cable (linking Malta to Alexandria using a cable manufactured by one of Pender's companies) to Britain and India, respectively. The London to Bombay telegraph line was completed in 1870. The London to Bombay cable was the first to land at Porthcurno in Cornwall, a location which became the company’s global hub and is now home to its archive and a telegraph museum.
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Wikipedia