Cable and Wireless sells Macau business

Asset sales at Cable & Wireless Communications (CWC) continue apace as it offloads its share in a Macau operator.

Asset sales at Cable & Wireless Communications (CWC) continue apace as it offloads its share in a Macau operator.

The firm has agreed to sell its 51% stake in Companhia de Telecomunicaes de Macau (CTM) to to CITIC Telecom for $749.7m.

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