Losing Is Not On the Agenda for C&W Boss

The ScotsmanMarch 26, 2005

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Summary


THE downside to being a gallant loser is that at the end of the day, you tend to go home empty handed. Cable & Wireless chief executive Francesco Caio appears to be keenly aware of this fact.

The telecoms giant is struggling to increase UK revenues in the face of overcapacity and intense competition, and analysts have criticised it for being slower to respond to the changes than many of its peers, and also not doing enough to bring costs in line.

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Extract


Losing Is Not On the Agenda for C&W Boss

The likeable Italian, however, seems determined to come out on top. Last month he cut another 480 jobs from the group's 4,...

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