IRELAND: INDEPENDENT NEWS TO PURCHASE ISP

Article Abstract:

Internet Ireland, the Internet service provider (ISP), will be acquired by Independent News & Media and Princes Holdings, the publisher's associate firm, it emerged on 12 January 2000. Investment of US$ 15mn is planned towards the establishment in Ireland from February 2000 of an Internet platform, a service not currently offered by Independent's market rivals.

Ireland, Product introduction, Internet service providers, Independent News and Media, Princes Holdings Ltd.

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UK: BBC POISED TO SELL BEEB.COM STAKE

Article Abstract:

The BBC is expected in a matter of weeks to conclude the sale of a small holding in its important commercial Internet site, Beeb.com, with an unnamed finance firm understood to be the leading candidate. BBC Worldwide, the UK-based broadcasting group's commercial unit, could glean over GB[pound] 100mn from the sale.

Information retrieval services, Beeb.com,, BBC Worldwide Ltd.

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NTL takes its seat among the media industry's big hitters

Article Abstract:

Cable operator NTL is to pay 8.2 billion pounds sterling in cash and shares for the residential cable networks of Cable & Wireless that pass 4.3 million homes in the UK. NTL will also inherit franchise rights to areas with a further 1.7 million households where cable networks have not yet been installed. The deal was made possible by a strategic alliance with France Telecom, which provided backing of $5.5 billion and will obtain a stake of almost 25% in NTL.

Comment:

Will sell its residential cable networks to NTL for 8.2 bn pounds sterling in cash and shares

Communications, Broadcasting and Telecommunications, Telecommunications services industry, Telecommunications industry, NTL Group Ltd., Cable & Wireless Communications PLC

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