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Globe Telegraph and Trust Company Limited was incorporated in 1873 by John Pender, a Liberal MP, who also founded the Eastern and Associated Telegraph Companies Group. Globe was formed in order to spread the short term risk of cable laying over a number of companies, and shares in Globe were offered in exchange for shares in submarine telegraph and associated companies. The Eastern and Associated Telegraph Companies Group, meanwhile, was built up by Pender over a number of years in the late 19th century.
The Great Western Telegraph Company Limited, established to lay a telegraph cable from England to Bermuda, seems briefly to have been known as New Atlantic Telegraph Company Limited in 1872 and to have been renamed Western and Brazilian Telegraph Company Limited in 1873. It amalgamated with Brazilian Submarine Telegraph Company Limited to form Western Telegraph Company Limited, which became part of the Eastern and Associated Telegraph Companies Group.