US internet firm saved by Cable & Wireless

Cable & Wireless (C&W) has agreed to buy troubled US internet service company Digital Island in a deal worth around£250m, writes Ann-Marie Corvin.C&W is paying around£2.10 a share for

if you have an account

full-subs-package-LR-resize

Do you want to keep reading?

Register to read four free articles per month

Subscribe and get access to

  • Up to the minute industry news
  • Agenda-setting interviews with key industry figures
  • Insight into the latest programme performances
  • Ratings data with viewing trends

Access premium content subscribe today

If you have an account you can SIGN IN now