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Telewest disposes of SMG stake for £45m

06 Nov 2002 | by Staff,

The troubled cable company sold its holdings for 85p a share to SMG institutional investors, raising a total of £45.1m. It was rumoured that companies, including Granada, were interested in buying the stake. However, if Granada had succeeded, it would have then been forced, under stock market rules ...

Granada eyes Telewest's stake in SMG

05 Sep 2002 | by Jennifer Whitehead,

, it will be forced, under stock market rules, to make a full takeover bid for the company. It already owns a 16 ...

Omnicom shares plummet 20% as accounting practices attacked

13 Jun 2002 | by Staff,

NEW YORK – Shares in Omnicom Group plummeted 20% yesterday after it came under attack in an article

NME offers band news by text

27 May 2002 | by Staff,

will be published in NME from the May 29 issue. To subscribe, readers must text the appropriate individual code ...

New satellite tax could hit BSkyB profits

13 May 2002 | by Jennifer Whitehead,

makes for Channel 5, a move to be made possible under the new bill. Until these issues were ... the deal from under Murdoch's nose. However, this deal could lead to a monopoly on US satellite services ...

BT sell-off forces BSkyB shares down

10 May 2002 | by Staff,

its initial £130m investment in BiB. Under the terms of the deal, BT is owed two more tranches ...

Culture secretary Tessa Jowell's Commons communications bill speech in full

08 May 2002

. However, the quality of BBC output under its public service remit will remain fully regulated ...

NTL agrees rescue deal with banks

02 May 2002 | by Claire Billings,

the Chapter 11 process and immediately afterwards. Under the restructuring plan, NTL will split into two ...

Microsoft hits the 'try again?' button as the government forgets to phone a friend

19 Apr 2002

this week, cutting five directors from the company. Its soups are nice though. Tour companies were under ...

NTL wipes £7.4bn off debt in rescue deal

16 Apr 2002 | by Claire Billings,

-European Communications, struggling under huge debts after investing billions of pounds building cable networks. Delays ...

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