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NTL paid £3.4bn for Telewest

Discussion in 'General Discussions and Lounge' started by temi, Oct 4, 2005.

  1. temi

    temi Facilitator Webmaster

    NTL and Telewest plan to take on BSkyB in the UK
    Britain's biggest cable company NTL is to take over rival operator Telewest for about $6bn (£3.4bn).
    The deal will create the UK's dominant cable TV company, enabling it to compete more effectively with market leading pay-TV broadcaster BSkyB.

    source/full story: news.bbc.co.uk/1/hi/business/4304008.stm

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