Cable & Wireless Ltd

Sectors:

  • Telecommunication & postal services Telecommunication services

Notes:

Traces its origins to a network of submarine telegraph businesses formed from the late 1860s which came to provide a leading international communications network of major importance to the extension of British economic and political interests. Its major architect was Sir John Pender, 1816-96. It underwent seemingly continuous consolidation. For example, the Eastern Extension Australasia & China Telegraph Co Ltd was established in 1873 through merger of British Indian Extension Co Ltd [est 1868], China Submarine Telegraph Co Ltd [est 1869] and British Australian Telegraph Co Ltd [est 1870]. This consolidation was taken further through the formation of a grouping known as Eastern & Associated Telegraph Cos which embraced, inter alia, Eastern Telegraph Co Ltd [ est 1872], Eastern Extension Australasia & China Telegraph Co Ltd [est 1873], and Western Telegraph Co Ltd [est 1899]. In 1929 these merged with the wireless communications (but not manufacturing) interests of Marconi's Wireless Telegraph Co Ltd and some others interests including those of the Pacific Cable Board to form a communications business called Imperial & International Communications Ltd which in 1934 was renamed Cable & Wireless Ltd. Nationalised 1947 and privatised 1981. Established a UK telecoms business, Mercury Communications Ltd, to compete with British Telecommunications Plc. 2010 demerged as two entities, Cable & Wireless Worldwide Plc, which in 2012 was acquired by Vodaphone, and Cable & Wireless Communications Plc which in 2016 was acquired by Liberty Global [2023]

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