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Telewest Sales Up

Telewest Sales Up

TeleWest Communications, the cable television provider and telephony services floated last November have announced a jump in reported sales from £14.9m to £26.4m up 78%, for the three months to March 31.

TeleWest share price rose 4p to 155p and capital expenditure stood at £62.7m (£38.1m) for the quarter. Pre-tax losses for the quarter grew to budgeted levels of £17.8m (£11.8m).

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