CABLE & WIRELESS WINS $100 MILLION GLOBAL CONTRACT FROM NEWS CORPORATION Monday 22 January 2001 PDF Print Cable & Wireless, the global telecommunications group, today (22 January 2001) announced it is to supply News Corporation, one of the world's largest media companies, with global telecommunications services worth approximately $100 million over the next three years. The services, to be used by News Corp companies around the world such as News International, HarperCollins, STAR TV and News Ltd (Australia), will range from voice through to data and internet services. The framework deal marks the start of a global alliance between the two companies. Cable & Wireless services will be used to boost News Corp's development of a seamless integrated packet-switched network to support voice, video, data and internet services for its offices worldwide. "Cable & Wireless impressed us with the breadth of its services - from data and internet services through to traditional voice," said Joseph Burke, vice president telecommunications, News Corporation. "But what impressed us most was the company's global reach - it has a strong presence in all the countries where our companies are based, in particular the US, UK, Asia and Australia." "Cable & Wireless is delighted to continue to support News Corp as it builds on its position as the world's leader in providing news, entertainment and information services," said Phil Burchell, Senior Vice President Global Markets. "We will work closely with News Corp to meet its evolving global communications needs from traditional services to best-in-class IP solutions." Cable & Wireless has had successful long-term relationships with a number of News Corp companies around the world. This announcement marks the beginning of a new strategic alliance on a truly global level between Cable & Wireless and News Corp providing consistent global service levels and maximum pricing efficiency for all News Corp companies who take services from Cable & Wireless. About Cable & Wireless Cable & Wireless is a major global telecommunications business with revenue of over £9 billion (US$14 billion) in the year to 31 March 2000 and customers in 70 countries. Its operations around the world offer a full range of telecommunications services. Cable & Wireless' focus for future growth is on IP (internet protocol) and data services and solutions for business customers. It is developing advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. With the capability of its global IP infrastructure and its strength in key markets, Cable & Wireless holds a unique position in terms of global coverage and services to business customers. For more information about Cable & Wireless, go to www.cw.com. Cable & Wireless and the Globe Device are registered trademarks of Cable and Wireless plc. About News Corp The News Corporation Limited (NYSE: NWS, NWS.A; ASX: NCP, NCPDP; LSE: NEWCP)is one of the world's largest media companies with total assets as of September 30, 2000 of approximately US$38 billion and total annual revenues of approximately US$14 billion. News Corporation's diversified global operations in the United States, Canada, the United Kingdom, Australia, Latin America and the Pacific Basin include the production and distribution of motion pictures and television programming; television, satellite and cable broadcasting; the publication of newspapers, magazines, books; the production and distribution of promotional and advertising products and services; the development of digital broadcasting; the development of conditional access and subscriber management systems; and the creation and distribution of popular on-line programming. For more information about News Corporation, please visit http://www.newscorp.com This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.