Complex sentence: In May 2002 Cable and Wireless purchase Guernsey Telecom from the States of Guernsey and in November 2002 Cable and Wireless announced their withdrawal from the U.S. corporate market.
Split into simpler sentences: In May 2002 Cable and Wireless purchase Guernsey Telecom from the States of Guernsey. In November 2002 Cable and Wireless announced their withdrawal from the U.S. corporate market.