Bahrain company completes Cable & Wireless takeover

THE deal for Batelco to buy Cable & Wireless in the Channel Islands and Isle of Man was completed yesterday.

It followed regulator approval being given to the takeover, which includes the Sure operations in Guernsey.

Eddie Saints, pictured, chief executive of Sure operations in the Channel Islands and Isle of Man, said he was confident that the deal would bolster its ability to deliver innovation through products and services, which the islands deserved.

'Batelco is well placed to invest significantly in the Channel Islands and this will benefit both our business and consumer customers.

'This is an exciting time for our clients and everyone who works at Sure, because Batelco is a very dynamic company with a clear vision of a highly connected future, which will be crucial to the future success of the Channel Islands,' he said.