Feeds

July date for NTL / Telewest wedding

A real weepy

  • alert
  • submit to reddit

Boost IT visibility and business value

NTL and Telewest are weeks away from cementing their merger, according to a report by The Independent on Sunday.

The paper cites insiders who say that the deal looks set to be inked by the end of July, just in time for those behind the £6.8bn merger to complete the paperwork before pushing off for a well-earned rest and a month in the sun.

The marriage of the UK's two cablecos has been on the cards for years but it's only recently that the pair have managed to clear the decks to thrash out a deal.

With the triple play offering of TV, phone and broadband the enlarged group would provide a sizeable player in the market against satellite broadcaster Sky and dominant UK telco BT.

High level talks between the two cablecos kicked off in June after both sides hired financial advisors to help with negotiations.

A merger would create a cableco with annual revenues of around £3.3bn and some five million punters. ®

Related stories

NTL and Telewest begin merger talks - report
NTL - Telewest 'preps merger'
Sky readies 'on-demand' PC content service

Secure remote control for conventional and virtual desktops

More from The Register

next story
Déjà vu: Virgin Media jacks up broadband prices
Screw copper phone lines, we're UNIQUE, bleats telco
NBN Co claims 96 mbps download speeds for FTTN trial
Umina trial also delivers 30 mbps uploads, but exact rig used not revealed
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
EE: STILL Blighty's best mobe network, says 'Frappucino' Moore
Fresh round of network stats fisticuffs possibly on the cards here
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
ROAD TRIP! An FCC road trip – Leahy demands net neutrality debate across US
You crashed watchdog's site, now time to crash its ears
Google's so smart it's discovered SHARKS HAVE TEETH
Congratulations, world media, for rediscovering submarine cable armour
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?