Shareholders approve new C&W group

general meeting unanimously passed a resolution to create the Cable & Wireless Communications Group. Richard Brown, chief executive of C&W, said: "This is a major milestone in the creation of our new company which, as the largest provider of integrated telecommunication and television entertainment services in the UK, will be a powerful force in the UK telecommunication market." The creation of the new group will bring together Mercury Communications, the UK subsidiary of C&W, with Nynex CableComms and Bell Cablemedia.

Cable & Wireless said shareholders at yesterday's extraordinary