Paul Samuelson

Cable & Wireless

Cable & Wireless plc was a British telecommunications company. In the mid-1980s, it became the first company in the UK to offer an alternative telephone service to British Telecom (via subsidiary Mercury Communications). The company later offered cable TV to its customers, but it sold its cable assets to NTL in 2000. It remained a significant player in the UK telecoms market and in certain overseas markets, especially in the former British colonies of the Caribbean, where it was formerly the monopoly incumbent. It was also the main supplier of communication in the British South Atlantic, including Saint Helena and the Falkland Islands. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. The company split in March 2010, with its international division demerging to form Cable & Wireless Communications. The remainder of the Cable & Wireless business became Cable & Wireless Worldwide and was acquired by Vodafone in 2012.