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Cable & Wireless Optus reviews structure, strategy

LONDON-Cable & Wireless Optus announced it is conducting an ongoing review of structural and strategic options for all three of its operating businesses, Data and Business Services, Mobile and Consumer & Multimedia.

The company said the review will include looking at an equity partnership in Consumer & Multimedia, a regional branding and equity alliance for its mobile business or new investment partners.

Telecom Global Solutions closes first-round financing

IRVING, Texas-Telecommunications network engineering services provider Telecom Global Solutions Holdings Inc. closed on $11 million in first-round Series-A equity financing by Bear Stearns Merchant Banking.

The company said it will use the financing to increase the scope of its wireless deployment operations around the world.

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