 Sure is regulated by the "Channel Islands Competition and Regulatory Authorities".Already a global telecommunications company, Cable & Wireless first entered the Channel Islands market when it purchased Guernsey Telecoms (formerly the States Telecommunications Board) from the States of Guernsey.The service was founded on 17 June 1896 as the States Telephone Department to “establish, maintain and operate” an independent telephone system for the island which would have a maximum of 400 subscribers.