NTL in salvage talks
17 Dec 2001 | by Jennifer Whitehead,
LONDON - NTL executives are set to meet today to discuss a restructuring plan, as investors in the foundering cable company look set to write off 4.1bn in debt.
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NTL says it will meet earnings forecasts
18 Dec 2001 | by Jennifer Whitehead,
LONDON - As the debt-laden NTL faces pressure from lenders to file for bankruptcy protection, the company has announced it is set to meet earnings forecasts for the year.
British Gas price rises incur wrath
of mid-market tabloids
14 Dec 2001
It was a tough week for British brands abroad, but the media saved the worst for British Gas, writes Jennifer Whitehead in this week's round-up of brand news.
NTL rises on news of debt restructure
14 Dec 2001 | by Staff,
LONDON - Shares in NTL soared 23.4% to 0.79 today as news emerged about a restructuring of its 12bn debt, which could see the company try to covert some of the debt into shares as it tries to avoid collapse.
AOL Time Warner enters
double marketing pact
14 Dec 2001 | by Staff,
NEW YORK - AOL Time Warner has signed a marketing agreement with Motorola which will see the media giant license its Warner Bros characters for screensavers, ringtones and wireless games in Europe.
NTL says it can pay its debts
after double blow from City
13 Dec 2001 | by Claire Billings,
LONDON - NTL said it was fully able to meet all of its payments, following a double header of negative comments from City institutions, which sent the struggling cable operator's share price spiralling downwards.
NTL delays sale of transmission business
12 Dec 2001 | by Claire Billings,
LONDON - Cash-strapped cable operator NTL is being advised to delay the sale of its broadcast transmission business rather than accept an offer which is lower than the division's estimated 1.6bn value.
iTouch acquires Worldpop
12 Dec 2001 | by Gordon MacMillan,
LONDON - Worldpop, the interactive youth marketing company and pop website, has been acquired by mobile phone services company iTouch for an undisclosed sum.
Cable firms in trouble again
for misleading price claims
12 Dec 2001 | by Claire Billings,
LONDON - UK cable companies NTL and Telewest have come under fire once again for misleading and unclear advertisements claiming to offer consumers cheaper services than rivals.
i-level in US and European 3G
ad first with mmO2
10 Dec 2001 | by Staff,
LONDON - i-level, the online media planning and buying specialist, has signed an agreement with mmO2 subsidiary Manx Telecom that will see its clients become charter advertisers on 3G products.
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