By Telecom Paper

Cable and Wireless reported revenues of GBP 3.646 billion for its fiscal year to March, up 16 percent from GBP 3.152 billion a year earlier, helped by its takeover of Thus in the UK as well as forex effects. EBITDA, excluding one-time items, rose 36 percent to GBP 822 million, amid growth at both its Worldwide and CWI divisions. The EBITDA margin was up 4 points to 23 percent.