Responding to Sir Bryan Carsberg’s report (CI No 1,523) regarding international calls Cable & Wireless says, bullishly, but diplomatically – remember that upcoming Duopoly Review that as its Mercury subsidiary increases its market share and gains further economies of scale it expects to continue to reduce prices at a greater rate than a price capping formula would produce, but Cable & Wireless adds that such a formula, if introduced, would not effect Mercury’s pricing or market share; it approves of international simple line resales.
