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Companies Line Up For Cable Merger
Telewest and NTL have said that they are in preliminary talks regarding the possibility of merging their UK cable interests. The move would result in a rival to the giant Cable & Wireless Communications which was formed last October between C&W’s Mercury Communications, Nynex, Bell Cablemedia and Videotron.
It is also rumoured that United News & Media would be interested in taking a stake in a Telewest/NTL merger: United is no doubt keen to build its media business by increasing its currently meagre cable interests and its involvement would provide a welcome source of funding for any new company which is to be formed.
Telewest: 01483 750900
