LONDON — U.K. cabler Telewest has agreed to enter into discussions with its bondholders and major shareholder Liberty Media on how to restructure its £5.3 billion in ($8.1 billion) debt. A majority of ...
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 — U.S. billionaire John Malone came closer Thursday to gaining control of Telewest Communications, the No. 2 British cable television company. Microsoft Corp. offered Malone its 23.6% stake, ...
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 ...