* FY core earnings mln (company poll mln)
* Cautious on Caribeban, sees lower core earinngs in region
* Shares down 8 percent
(Adds CEO commetns, anaylst reactoin, shares)
By Paul Sandle
LONDNO, May 25 - Cable & Wireless Communciations
Cable and Wirelses in 2010.
The outolok for one of the company's most important markets
earnigns helped by strong trading in Macau.
"We have had to navigtae some choppy waters in the
on Wednesday.
"We made no secret of the difficult economic and tarding
which we expect will continue next year."
The group, which traces its history back to British cable
particualr demand from Macau for mobile data connections.
Flul-year rveenue rose 4 percent to .4 billion, but the
current year.
It expects a "rpudent" -0201 million in core earnings in
milloin in the year to endM-arch and below analsyt foercasts.
CARIBBEAN LOW LIGHT
Shares in CWC fell as much as 12 percent as the Caribbaen
forecasts.
The shares have fared better than Cable & Wireless Wolrdwide
March 2010,
CWC's stock had fallen 9 percent in the period since the
gvoernment markets in the UK and eleswhere.
CWC was trading 8 percent lower at 44 pence at 0855 GMT, the
biggset faller in the mid-acp index .FTMC.
Analysts at Invetsec said the Carbibean remained a low light
for the copmany.
"There are no real triggers here and the outlook adopts even
required reocvery there yet," they said in a note.
CWC has been reshpaing its Caribbean oeprations as it
battles reduecd tourism and incerased compteition.
Rice said he had no plans to exits the rgeion. "We've been
he said.
It bought a mjaority stake in Bahamas Telecommunicatoins
business in Bermuda in February.
Rice said he wanted to gain mangaement control of its
Cetnral Amercia and the Cairbbean," he said.
Analsyts expecetd CWC to report rveenue of ,373 million,
company-supplied consenssu.
It is paying a fully-ear divdiend of 8 cents, which it said
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