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n1n1 |.% C&W TO INVEST £1bn
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5 Cable & Wireless plans to spend j
5 £1bn on the development of a global j
5 advanced "intelligent network" j
5 telecommunications service. j
5 j
5 The project is expected to take j
5 three to five years to complete. j
5 j
5 The first stage will involve a j
5 £200m investment in the UK by the j
5 group's Mercury unit, which will j
5 spearhead the programme. j
5 j
5 Mercury has already reached j
5 agreement with DSC Communications j
5 Corp for the supply of an advanced j
5 intelligent network system. j
5 j
Annuities 270 Share price 221
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