Cable companies NTL and Telewest are set to announce plans for a £6.8bn (€10bn) merger by the end of the summer, it was reported today.

NTL says it achieved solid quarterly figures after adopting a "business as usual" approach during life-saving refinancing.

Cable operator NTL is this week expected to announce how it plans to refinance debts of around £12bn.

Cable operator NTL is expected to announce how it plans to refinance its £12bn debt later this week, it emerged today.