Las ganancias de C&W en Panamá [La Prensa]
C&W released their results for the year 2001-2002. As far as my Spanish goes "Ingresos" means income, which I take to be Revenue.
This graphic shows the highlights
Basically they have made a total revenue of £296M during that period, of which £56M were international voice, £172M domestic voice, £25M mobiles, £26M IP and Data and the rest others.
Out of this they made a net profit of £134M
Thats not really bad is it considering the 600 people they are laying off here.
C&W Panama is a cross venture between Cable & Wireless in the UK and the Panamanian State. According to the article (I guess I knew this before) C&W owns %49 and the state %49. The reaminder is owned by the employees.
C&W have done similar deals in the past in many other countries, in particular the Caribbean. This has been highly profitable for them, even in a time where theyve lost much money on their global data businesses and sold off their global cable operations.