Cable & Wireless sells Monaco stake for $445m
 

25-04-14 02:58 PM

Telecoms group Cable & Wireless Communications has sold its stake in Monaco Telecom to French entrepreneur Xavier Neil for 445m dollars. The British group, which has sold a string of businesses outside its primary focus of Central America, initially agreed to sell its stake to telecoms group Bahrain Batelco , but the deal collapsed last year.

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