×
You will be redirected back to your article in seconds

U.K. cablers extend operational alliance

NTL, Telewest deny merger speculation

LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs.

The companies have denied reports, however, that they are on the fast track to an operational merger.

NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint venture in Front Row, the cable pay-per-view movie service.

Although it is expected that NTL and Telewest will merge at some point in the future, Telewest chief exec Adam Singer said: “It is not a precursor to a merger, it’s a pre-cursor to both of us having to find ways of bringing scale without necessarily merging.”

The cablers carry considerable debt, considered to be the major impediment to a merger.

NTL, the larger of the two, is in deepest with debt of £10.9 billion ($15.5 billion). Telewest has $6.8 billion.

More Biz

  • Beverly Hilton Wanda Group Hotels Battle

    China’s Wanda Sells Prominent Beverly Hills Property

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • Fairfax Media signage outside the Fairfax

    Australia's Fairfax Media Shareholders Approve Nine Entertainment Takeover

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • STAR WARS-THEMED LAND MODEL AT D23

    John Williams to Compose New 'Star Wars' Music for Disney Parks Attractions

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • Fox Sports NFL Sunday

    AT&T Sets Broad Carriage Renewal Pact With Fox Networks Group

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • President Donald Trump talks with Gov.-elect

    Trump Says He'll Work With California to Aid Wildfire Relief

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • church set Westworld Paramount Ranch Western

    Park Service Aims to Rebuild Western Town at Paramount Ranch in Two Years

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

  • Jim Acosta Microphone Moment

    First They Came For Acosta. Why We Sued Trump Before He Acts Again (Opinion)

    LONDON — U.K. cable operators NTL and Telewest are planning to jointly acquire set-top boxes and cable modems to reduce costs. The companies have denied reports, however, that they are on the fast track to an operational merger. NTL and Telewest recently joined forces to co-market their broadband Internet services and have a long-standing joint […]

More From Our Brands

Access exclusive content