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CABLE AND WIRELESS PLC HOLDS NEWS CONFERENCE IN TOKYO, 1999-05-06 (photo)

IMAGE number
REU8260249
Image title
CABLE AND WIRELESS PLC HOLDS NEWS CONFERENCE IN TOKYO, 1999-05-06 (photo)
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Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-05-06
Image description

Stephen Pettit, executive director on global business of Cable and Wireless Plc, makes a point during a news conference at a Tokyo hotel May 6. Pettit announced at the news conference today that Cable & Wireless will launch a formal offer May 7 for the remaining shares of International Digital Communications Inc. (IDC), of which it is already a 17.7 percent shareholder. There has been a fierce takeover battle between the British number two telecoms and Japanese telecoms powerhouse Nippon Telegraph and Telephone Corp (NTT). KM/CC

Photo credit
REUTERS / Bridgeman Images
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