Cable merger could create strong competitor to Sky

Cable operators Ntl and Telewest are heading towards agreement on their long-awaited £5.5bn (€8.1m) merger, it was reported today.

Cable merger could create strong competitor to Sky
Sun, 08 May, 2005 - 12:16

Cable operators Ntl and Telewest are heading towards agreement on their long-awaited £5.5bn (€8.1m) merger, it was reported today.

Telewest will meet with investment banks in New York this week to finalise a line-up of advisers for the merger, according to the Sunday Times.

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CourtsBusinessHeathrowPlace: New YorkPlace: USPlace: UKPerson: Jim MooneyPerson: Simon DuffyPerson: Cob StenhamPerson: Bill HuffOrganisation: SkyOrganisation: NTLOrganisation: TelewestOrganisation: SundayOrganisation: Goldman SachsOrganisation: BSkyBOrganisation: Nasdaq
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