NTL bidding for Belgian cabler

Buy would edge out UPC

BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium.

NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants Telenet. British Telecom and Belgian cellular phone operator Mobistar have also shown an interest.

Telenet shareholders are meeting at the end of the week to consider bids. Telenet is 35% controlled by local authorities and 25% by U.S. group MediaOne, which wants to sell its stake.

More Biz

  • Roman Polanski

    LAPD Investigating Allegations Against Roman Polanski, Case Cannot Be Prosecuted

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

  • Democratic candidate for U.S. Senate Doug

    Celebrities Celebrate Doug Jones' Senate Win: 'This Is A Pretty Good Night'

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

  • Rescue dogs

    Film Publicists Organize New York City Fundraiser for Rescue Dogs

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

  • pandora

    Pandora Names Aimée Lapic Chief Marketing Officer

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

  • NFL players suspension

    NFL Network Suspends On-Air Analysts Amid Sexual Harassment Probe

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

  • Get Hard

    Writer Claims 'Get Hard' Ripped Off His 'Prison 101' Idea

    BRUSSELS — American cabler NTL has made a $5 billion bid for Belgian cable operator Telenet, according to local press reports. Telenet controls the cable network in Flanders, the wealthy, Flemish-speaking northern region of Belgium. NTL has not commented on the reports. If true, the company will have outbid Dutch cabler UPC, which also wants […]

More From Our Brands

Access exclusive content