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July 06, 2015 9:13 PM ET

Diversified Telecommunication Services

Company Overview of Cable & Wireless Jamaica Limited

Company Overview

Cable & Wireless Jamaica Limited provides integrated telecommunications services. The company offers mobile, broadband, TV, fixed line, and enterprise services to residential and business customers. Its fixed lines services include the provision of land lines to facilitate local and international calls; and broadband, data, and other services comprise broadband, metro Ethernet fiber services, frame and leased type services, and hosting and storage services, as well as equipment sales and services. The company’s mobile services include post-paid and prepaid voice and data services; handsets sales and services; 2G, 3G, and 4G mobile services; and value added services, including landline, Inter...

2-6 Carlton Crescent

Kingston,  10

Jamaica

Phone:

876-926-9700

Fax:

876-968-9696

Key Executives for Cable & Wireless Jamaica Limited

Cable & Wireless Jamaica Limited does not have any Key Executives recorded.

Cable & Wireless Jamaica Limited Key Developments

Cable & Wireless Jamaica Limited Auditor Raises 'Going Concern' Doubt

Cable & Wireless Jamaica Limited filed its Annual on Jun 01, 2015 for the period ending Mar 31, 2015. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Cable & Wireless Jamaica Limited Reports Audited Consolidated and Company Earnings Results for the Year Ended March 31, 2015

Cable & Wireless Jamaica Limited reported audited consolidated and company earnings results for the year ended March 31, 2015. On consolidated basis, revenue was JMD 21,592 million compared to JMD 18,443 million a year ago. Operating loss after exceptional items was JMD 5,303 million compared to JMD 698 million a year ago. Loss before income tax was JMD 9,132 million compared to JMD 3,427 million a year ago. Loss for the year was JMD 9,179 million compared to JMD 3,504 million a year ago. Loss per share was 54.6 cents per share compared to 20.8 cents per share a year ago. Net cash from operating activities was JMD 2,564 million compared to net cash used in operating activities of JMD 415 million a year ago. Purchase of property, plant and equipment was JMD 7,688 million compared to JMD 3,210 million a year ago. On company basis, revenue was JMD 21,559 million compared to JMD 18,392 million a year ago. Operating loss after exceptional items was JMD 5,682 million compared to JMD 428 million a year ago. Loss before income tax was JMD 9,505 million compared to JMD 3,156 million a year ago. Loss for the year was JMD 9,552 million compared to JMD 3,233 million a year ago. Net cash from operating activities was JMD 1,841 million compared to net cash used in operating activities of JMD 529 million a year ago. Purchase of property, plant and equipment was JMD 7,685 million compared to JMD 3,210 million a year ago.

Cable & Wireless Jamaica Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Cable & Wireless Jamaica Limited announced consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported revenue of JMD 5,627 million against JMD 4,939 million a year ago. Operating profit before exceptional items was JMD 690 million against JMD 496 million a year ago. Loss before income tax was JMD 1,884 million against JMD 297 million a year ago. Loss for the period was JMD 1,895 million or 11.3 cents per share against JMD 316 million or 1.9 cents per share a year ago. EBITDA was JMD 1,283 million against JMD 912 million a year ago. For the nine months, the company reported revenue of JMD 15,528 million against JMD 13,724 million a year ago. Operating profit before exceptional items was JMD 1,337 million against JMD 317 million a year ago. Loss before income tax was JMD 3,184 million against JMD 1,690 million a year ago. Loss for the period was JMD 3,217 million or 19.1 cents per share against JMD 1,747 million or 10.4 cents per share a year ago. EBITDA was JMD 2,939 million against JMD 1,450 million a year ago. Net cash used in operating activities was JMD 25 million against JMD 3,736 million a year ago. Purchase of property, plant and equipment was JMD 5,051 million against JMD 1,216 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 9, 2014
DEKAL Wireless Jamaica Ltd.
 

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