TeleWest uses tax-efficient structure

Article Abstract:

Cable television operator TeleWest Communications and SBC Cablecomms (SBCC), both of the United Kingdom, are merging their interests in a 679 million pounds sterling tax-efficient deal. TeleWest, a new company, is being formed to acquire TeleWest Communications and SBCC to achieve the tax-efficient structure. Cox Communications and SBC Communications, which each formerly held a 50% share of SBCC, will take 10% of the new firm's ordinary share capital, while TeleCommunications Inc and US West, former majority owners of TeleWest, will each take 26.75% of the share capital.

Securities, TeleWest Communications PLC, TeleWest, SBC Cablecomms

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Cable TV industry feels Seoul's heavy hand

Article Abstract:

South Korea's first-ever cable TV station began operating last Mar. 1, 1995, providing the country's TV fans with another 25 channels to choose from and thus fostering competition in the TV marketplace. However, critics charge that the government's efforts to liberalize TV broadcasting is being offset by a simultaneous attempt to impose a whole set of new regulations which would only fragment the fledgling industry, deflect market forces and keep foreign operators out.

Cable TV Systems Operators, South Korea, Laws, regulations and rules, Science and technology policy, Korea, South

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Charterhouse wants more cable

Article Abstract:

Charterhouse Group International has recently purchased cable systems in three US states from Crown Media, and is now looking for further purchases to strengthen its presence in the southeast. It now has 163,000 cable subscribers, and expects to reach 250,000 within the next 12 months. The latest purchase was funded through Charterhouse Equity Partners II, a $291 million buyout fund.

Charterhouse Group International Inc.

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