More buying of cable-TV by phone companies is expected

Article Abstract:

Cable television stocks registered increases when it was announced that the Southwestern Bell Corp would acquire two cable systems in a deal worth $650 million. This was the first such cable deal in a long time, and the price paid was high. An industry observer says these facts signify the start of a competitive battle, with local phone companies buying cable businesses in each other's markets. Local telephone companies are prohibited from acquiring cable systems in their own service areas. Time Warner Inc closed up 37.5 cents on Wednesday, Feb 10, 1993, at $35. Tele-Communications Inc was up 87.5 cents, closing at $25. Comcast Corp was up $1.25, closing at $23, and Century Cable closed at $10.50, up 50 cents.

Radiotelephone communications, Telephone communications, exc. radio, Telecommunications services industry, Telecommunications industry, Internet services, Telephone companies, Cable television, Regional Bell Operating Companies, Southwestern Bell Corp., Interactive television, Trends, Outlook, Telephone Company, Stock, Cable Television/Data Services, Interactive Cable, Bell Regional Holding Companies

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Murdoch Moves to Avoid a Friendly Fight for Control

Article Abstract:

John Malone of Liberty Media Corp., announced that his company is increasing its share in News Corporation Ltd. to 17 percent, by swapping nonvoting for voting shares. This will put Liberty Media in a position to acquire a majority of shares, and take over News Corp.

United States, Australia, Financial management, Cable Television Systems, Cable Networks, Management dynamics, Cable and other pay TV services, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Securities issued, listed, Printing & Publishing, Publishing industry, Management, Company investment, Cable television broadcasting industry, Behavior, Company business management, The News Corporation Ltd., NWS, Company securities, Murdoch, Rupert, Liberty Media Corp., Malone, John C., L

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