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Former UUnet and Genuity executive joins Cable & Wireless

Cable & Wireless, the global telecommunications group, today (5 September 2001) announced the appointment of Doug Loewe as President of Enterprise Markets, Cable & Wireless Global, where he will lead a 1,000-strong global team handling business worth more than US$1 billion.

Loewe, who is based in Barcelona, Spain, is responsible for the ongoing strategic development of the Enterprise division, which delivers advanced business communications to national and global corporations worldwide.

"Doug's 16 years experience selling the latest technology to large global businesses will be a tremendous boost to the Enterprise Markets team, whose primary responsibility is to help migrate our corporate customers mission critical applications from their legacy infrastructure on to more advanced internet protocol-based communications," said Nick Jeffery, executive vice
president, Markets Group, Cable & Wireless. "We have no doubt that internet protocol is the most efficient means for business customers to improve services and reduce costs."

Loewe began his career at CompuServe where he demonstrated his enthusiasm for selling the latest technology: he was first in the company to focus entirely on selling the then new x.25 packet data network. He was appointed the company's first global account manager, assigned to Goldman Sachs. He also led the team selling one of the industry's first wide-scale frame relay networks and sold the first application hosting service, then Lotus Notes-based, in 1996.

As Vice President of UUNET, Loewe built and led the Europe, Middle East and Africa Global Accounts team driving back-to-back annual IP revenue growth rates in excess of 100 per cent and culminating in revenue exceeding $250 million in 2000. At Genuity, Loewe led a transformation of the European team from a 'wholesale' to an 'enterprise' focus, including due diligence on a hosting services acquisition.

"I am enormously excited to be joining Cable & Wireless' Enterprise Markets team," said Loewe. "Cable & Wireless' global experience has led to a true appreciation of its customers' communications requirements wherever they are in the world and its financial strength makes it attractive to customers looking to embrace the latest IP technology."



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 http://www.cw.com
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