C&W warns of continuing ’severe’ competition in UK telecoms

C&W is heavily involved in the corporate
telecoms market in the UK, where a range of rivals operators like BT
Group PLC and Colt Telecom Group PLC are all clamouring for a fairly
static number of accounts.
To offset its waning profits in its core
business, C&W has invested heavily in the booming market for
consumer broadband internet access through its acquisition of Bulldog
last year and its investment in local loop unbundling (LLU)

UK Market still severe says C&W, I can’t recall BT or Colt saying it’s severe, so maybe it’s just C&W not doing so well right now.

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