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Message subject : CWO

This message was posted by JOHN on August 23, 2000 :

SYDNEY, Aug 24 (Reuters) - Australia's second ranked telecoms group Cable & Wireless Optus Ltd said on Thursday it expects double digit revenue growth in the current year.

"We'll have strong growth. We will have double digit growth," chief executive Chris Anderson told reporters after a speech to a conference on strategic alliances.

He said the reference to growth was for revenue.

C&W Optus, which is majority owned by UK telco Cable & Wireless Plc posted sales of A$4.16 billion for the year to March 31, 2000.

Optus shares were 13 cents firmer at A$4.44 at 10:45 a.m. (0045 GMT).

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