Part of the  network 

SE2000 Home page
SE2000 Online Help file
SE2000 Live Chat
SE2000 Online Forum
SE2000 Download Site
Buy Books online and save
Register SE2000
SE2000 Links
Email Support

Please read carefully our disclaimer before using  this message board !

| Post Reply | Read Follow Ups | Main Index | Download ShareExpress Portfolio Manager |

Message subject : CWO

This message was posted by Lindsy on June 08, 2000 :

Cable & Wireless Optus plans to transfer ownership of part of its fibre-optic cable to at least four Australian carriers through wholesale agreements estimated to be worth $200 million.

It is believed that the data and business services group, which includes the wholesale business and is led by executive Mr Stephen Beynon, is now in talks with at least four carriers for the sale of capacity on its network. Optus's largest wholesale customers include MCI Worldcom, Vodafone, One.Tel, ComVergent and Davnet.

The sale negotiations come as Optus continues to battle the Australian Securities and Investments Commission over the accounting of its landmark transaction with the Telecom New Zealand-controlled AAPT Ltd.

Source AFR

Warning: at times comments aimed at manipulating other investors may appear on these
message boards. Posters may post overly optimistic or pessimistic comments on particular
stocks, in an attempt to influence other investors. While every effort is made by the moderators
to remove these, some may still appear on these boards. Unless specifically stated persons posting
on this site are NOT investment advisors and do NOT hold the necessary licence, or have any
formal training, to give investment advice.

Before acting on any of the information you read and making any financial or investment
decisions, you should always consult your advisor(s) or other relevant professional
investment experts.

Follow Ups:

Post a Followup

Post your reply to the above message    *=mandatory
Your name: *
Your Email:*
Subject: *
Link URL:
Link title:

Message*    * 200 words Maximum!


You are viewing a page out of the ShareExpress2000 web site (c) Pty Ltd Australia