Cable & Wireless to unveil demerger plans

Telecoms group Cable & Wireless is planning to announce a £4.5bn (€5.7bn) demerger of its international operations as early as this month, according to a report today.

The firm, which has been widely speculated to be planning a break-up, is thought to be holding a board meeting to discuss the plans on September 29 with a view to unveiling details soon after.