Telewest earnings lifted by cost cuts

Debt-laden cable company Telewest today posted record first quarter underlying profits after slashing spending

Thu, 01 May, 2003 - 06:53

Debt-laden cable company Telewest today posted record first quarter underlying profits after slashing spending.

But the group offered no fresh news on the progress of negotiations on restructuring to cancel £3.5bn (€5bn) of debts.

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