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C&W's Bulldog Exits Home Broadband Market
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Forex Broker (EUNN)London - Cable & Wireless PLC (LSE: CW) is quiting the home broadband market andlaying off 150employees inits Bulldog Broadband unit as a result of the move. Bulldog Broadband will not concentrate its marketing efforts in the wholesale broadband arena C&W said.
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Online Brokerage The local loop rollout plan is unchanged with a target of 800 fully unbundled exchanges by 30 September 2006, (411 unbundled at 31 March 2006). It is intended that, by the end of this calendar year (2006), Cable & Wireless will use this local loop capability for corporate customer access, in addition to the wholesale offer provided.
. (EUNN) Cable & Wireless PLC ( CW) is quiting the home broadband market andlaying off 150employees inits Bulldog Broadband unit as a result of the move. Bulldog Broadband will not concentrate its marketing efforts in the wholesale broadband arena C&W said. The local loop rollout plan is unchanged with a target of 800 fully unbundled exchanges by 30 September 2006, (411 unbundled at 31 March 2006). It is intended that, by the end of this calendar year (2006), Cable & Wireless will use this local loop capability for corporate customer access, in addition to the wholesale offer provided.
Real Estate Broker Starting July 1, Bulldog will offer a a wholesale product to major broadband service providers.
Bulldog Communications has announced that its eight megabyte broadband service is being made available to one third of the UK's homes.
Agency Brokerage Spark Cable & Wireless expects limited benefits from the move to wholesale during 2006/07 as Bulldog completes the local loop roll out and invests in wholesaling capability. Specific guidance will be provided at the interim results on 8 November 2006.
Bulldog Communications has announced that its eight megabyte broadband service is being made available to one third of the UK's homes.
Business Broker In statement released Thursday, John Pluthero, Group Managing Director, UK said, "As the market leader in full local loop unbundling, we have been looking at the best way to maximise the return on our investment. We believe that a wholesaling approach to the consumer and SME market is the best way to optimise our return from our unique local loop network capability."
Brokerage Account Shares of Cable & Wireless closed up 50 pence at 106.50p on the London Stock Exchange Thursday.
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