NTL to proceedon deal with Cable & Wireless

Article Abstract:

NTL Inc. has reached an agreement to purchase Cable & Wireless Communications PLC's residential cable television business. NTL will acquire the business for 6.3 billion pound sterling (9.46 billion euros) in cash and shares. The deal will also include the assumption of financial debts. The deal will make NTL the largest cable television company in Great Britain.

Comment:

NTL to purchase Cable & Wireless Communications's residential cable television business

Asset sales & divestitures, England, Cable television, Abstract, Cable & Wireless Communications PLC

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New bidder possible for NTL, Telewest

Article Abstract:

NTL Inc. of the United Kingdom is to acquire Telewest Communications PLC also of the United Kingdom for $6 billion. A separte group of private-equity companies are considering a bid of approximately $11 billion for the combined telecommunications and cable television broadcasting concern.

Cable and other pay TV services, NTLI, TeleWest Communications PLC, Company Profile

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BT nears deal to acquire Infonet for $950 million

Article Abstract:

BT Group PLC is in negotiations to acquire Infonet Services Corp. for $950 million.

United States, Securities issued, listed, Securities, Company securities, Infonet Services Corp., BT Group PLC

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