Four things you never knew about Cable & Wireless
Chapter 11 In December 2003, Cable & Wireless decided to sell its money-losing US operations to a Los Angeles investment firm for an announced price of $125 million. The deal included a Chapter 11 filing for the American unit (which was a separate corporate entity from the British parent company. At the board meeting at which this decision was taken, every single board member had at least one lawyer, sitting beside them in the meeting, advising them on every word they said. Football Cable & Wireless introduced football to Portugal in 1876 when the staff of the local Cable & Wireless Cable Station at Carcavelos ( http://www.portugaltravelguide.com/en/carcavelos.htm ) showed the locals how to play the beautiful game. Brothers Edward, William and Frederick Pinto-Basto formed the backbone of a team that local Portuguese teams all aspired to beat at the local ground, Quinta Nova. YouTube In April 2009 Cable & Wireless was part of a consortium that signe...