CABLE SERVICES
ft DISCUSSIONS IN LONDON R > PAYMENT FOR BEAM SYSTEM * t' t: Lulled Press Assn.—Enec. Tea. Copyr.gn, (Received Feb. 25, li a.m.) LONDON, Feb. 24 The Daily Mail says that mystery surrounds the Government and Cable and Wireless, Limited, discussions. " Some say the deal is off and others say that it is merely held up. “ The discussions centred around a reduction of the company’s payment i of £250,000 annually to the Post Office for the beam system and the question of a capital sum contribution, or a. comparatively small annuity, in respect 1 of the maintenance' of submarine ; cables, in view of their -strategic im- ‘ portanco. Meanwhile Cable and Wireless, Limited, stock is higher, in cxpec- , talion of a 4 per cent dividend.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19380225.2.60
Bibliographic details
Waikato Times, Volume 122, Issue 20433, 25 February 1938, Page 7
Word Count
124CABLE SERVICES Waikato Times, Volume 122, Issue 20433, 25 February 1938, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in