Stock in Cable & Wireless Communications (CWC), the UK cable telephony and TV operator, is benefiting from the merger offers tabled by both NTL and Telewest Communications. The group this morning announced that it has entered exclusive negotiations to complete a deal with NTL (see NTL Enters Exclusive Negotiations With Cable & Wireless). CWC closed… Continue reading Sharewatch
Tony Illsley, chief executive of cable group, Telewest Communications, today said that he is disappointed by Cable & Wireless’ decision to enter exclusive talks with rival cable company NTL (see NTL Enters Exclusive Negotiations With Cable & Wireless).In a short statement issued by the company earlier this afternoon, Illsley said: “Naturally, we are disappointed by… Continue reading Telewest Chief ‘Disappointed’ About CWC/NTL Talks
Month on month comparisons of the latest figures from the Audit Bureau of Circulations (ABC) show that about half the national newspapers displayed some significant rises in sales during June this year. The Mail On Sunday took on the most new sales during the month, and the Sunday Sport enjoyed an 8.1% rise in its… Continue reading National Newspaper ABC Round-Up – June 1999
UK cable company NTL, this morning announced that it has now entered exclusive discussions with Cable & Wireless in order to conclude its £8 billion bid for the cable assets of Cable & Wireless Communications (CWC). NTL’s bid for CWC is being backed by France Telecom, which acquired a 10% stake in NTL for £640… Continue reading NTL Enters Exclusive Negotiations With Cable & Wireless
Internet service provider (ISP) and portal site, AOL Europe, has this morning confirmed plans to launch a subscription-free internet access service called Netscape Online. Netscape Online will complement the existing pay services branded as AOL and Compuserve.The venture will also provide competition for Dixons’ successful Freeserve service which launched in September last year and has… Continue reading AOL Challenges Freeserve With Free UK Net Access
Stephen Grabiner, the former chief executive of ONdigital, has rejected a job at Rupert Murdoch’s eVentures, moving instead to investment group Apax Partners. Grabiner will be a director on the international media team at Apax.At the time of his departure from ONdigital, it was understood that Grabiner had been offered a senior position at Murdoch’s… Continue reading Grabiner Rejects eVentures For Investment Group
Month On MonthMonth on month comparisons of the latest figures from the Audit Bureau of Circulation show that about half the national newspapers displayed some significant rises in sales during June this year. The Mail On Sunday took on more than 119,000 new sales during the month, and the Sunday Sport enjoyed an 8.1% rise… Continue reading National Newspaper ABC Round-Up – June 1999
The very final episode of time travelling sitcom, Goodnight Sweetheart, managed to pull in the biggest audience of its entire run, attracting 8.33 million viewers.Eastenders this week saw a huge leap forward in the Saskia Duncan murder plotline (which was fast-rivalling Brookside‘s date rape storyline as the most drawn out and uninteresting plot in soapland).… Continue reading TV Viewing Summary W/E 04/07/99
Trinity remains the largest of the UK’s regional newspaper publishing groups, according to the latest figures from the Newspaper Society (NS). Johnston Press’ £266 million acquisition of Portsmouth & Sunderland Newspapers in June this year (see Johnston Wins Takeover Approval For Portsmouth & Sunderland Newspapers) pushed the group up from fifth to fourth place in… Continue reading Trinity Remains Top Of Regional Publishers League
Cable & Wireless jumped 16˝p yesterday to 816p, and CWC soared 23˝p to 720p. A full scale bidding war could well break out between NTL and Telewest for Cable & Wireless Communications. Yesterday, French Telecom invested $1 billion in a 10% stake in NTL, thus financing the potential bid by NTL for CWC’s assets (see… Continue reading Sharewatch
