NTL plans cost-cutting programme
to meet £950m profits target
04 Dec 2001 | by Claire Billings,
by interest payments of 840m. France Telecom, which owns 25% of NTL, was reported to be interested ...
transmission business, comprising 3,000 masts, for an estimated 1.5bn. The BBC, along with France Telecom ...
by interest payments of 840m. France Telecom, which owns 25% of NTL, was reported to be interested ...
However, turnover rose 5% to 1bn. The company blamed the reduction in internet-related and telecoms advertising for the initial drop in advertising this year, but said that this was compounded by a sharp decline in the consumer goods sector. The company undertook a cost-cutting strategy in May ...
appeared to be under threat with the news that potential buyer and NTL shareholder France Telecom has...The French telecom group is NTL's largest shareholder with a 25% stake. It is said to want to expand its transmission business TDF, while providing NTL with extra cash. However, NTL is keen to raise enough money to help meet interest payments on its 11bn debt mountain and begin cutting ...
The German Cartel Office is understood to have met with Malone's lawyers and told them that it would have difficulty in approving the deal because of competition laws which prevent a single telecom company from owning the network's backbone and the last mile. The regulators are said to have ...
Troubled telecoms group BT, which up until now has traded as British Telecom, has spun off its wireless division in a bid to help pay off some of its 30bn debt mountain. Both stocks, mmO2 and the new BT Group -- which will contain BT's other businesses -- are big enough to be listed on the FTSE ...
by its ability to offer telecoms and internet services alongside digital TV. If you have ...
Internet connections fees for unlimited monthly access are currently more expensive in France and Germany than they are in the UK. "In France and Germany, interconnection fees based on the actual access costs are still not a reality, despite evidence that telecom operators are the major beneficiaries ...
It is understood that the two are discussing issues including joint billing of TV and telecom services as part of an effort to take on cable TV rivals, NTL and Telewest, which are able to offer bundled TV and telephone packages. The talks could also see BT acting as an installer for Sky ...
dropped below 5100 today, hitting a low of 5090.2. Technology and telecoms stocks were among the biggest ...