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)
  [via]

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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