The telecoms group said mobile revenue jumped 10 percent in the Caribbean, excluding the Bahamas, and rose 4 percent in Panama in the quarter ended Dec. 31.

Mobile brings in more than half of the company's revenue.

Group revenue grew 5 percent to $444 million (292 million pounds).

Shares of Cable & Wireless rose as much as 1.6 percent to 55.80 pence on the London Stock Exchange after the company released its trading statement.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Maju Samuel)