Short Take: C&W to buy companies to expand network

Cable & Wireless, a large U.K. traditional phone company, said it is looking for acquisitions to expand its network reach in the United States and other countries. C&W for the past year has shifted its focus to providing data and Web services to business customers, rather than voice calls to consumers. The company will consider buying Internet service providers and companies that help combine networks. It will also seek to acquire companies that use high-speed transmission to connect users to networks.

The story "Short Take: C&W to buy companies to expand network" published June 13, 2000 at 11:35 AM is no longer available on CNET News.