LONDON — Blighty’s two troubled cablers continue to fight off financial problems: Telewest is axing 1,500 jobs to save £50 million ($73 million) per year, while NTL gets backing from bondholders for ...
LONDON — Liberty Media has dropped its bid to take control of troubled U.K. cabler Telewest by buying 20% of its bonds. In June John Malone’s cable giant, which owns 25% of Telewest, offered to buy ...
On July 4, 2002, Telewest sent a letter to its shareholders explaining the financial situation. Digital Spy presents the full text. Since our Annual General Meeting (AGM) on 11 June, much has happened ...
Telewest unveiled something of a mixed picture when it released results for both Q4 and full-year 2002 on Thursday morning. The cable operator's managing director, Charles Burdick, said: "We continue ...