NTL

Virgin Media launches in UK

Virgin Media, the combined service offerings of Virgin Mobile and NTL Telewest fixed line services, launched in the UK on Thursday. Entrepreneur and Virgin Group founder Richard Branson unveiled the new brand at a conference in central London Thursday morning, backed by an advertising campaign starring Uma Thurman. Customers will be able to subscribe to […]

ITV rejects NTL merger offer

UK broadcaster ITV rejected a merger proposal from cable giant NTL on Tuesday, just days after Rupert Murdoch’s BSkyB took a stake in the company. ITV said it rejected the deal, which could have been worth around £4.7bn, on the grounds that the “offer materially undervalues ITV” and there was little benefit to be gained […]

Analysis: ntl’s 50MB broadband adventure

On 8 November 2006, ntl announced its launch of a commercial trial of a 50Mbit/s broadband service in the UK. The timing of such news is almost as interesting as the trial itself. This service promises to break the apparent stalemate in the next generation access debate. How the industry moves forward from the unbundlers’ […]

NTL Telewest gives birth to Virgin Media

Cable firm NTL Telewest will be re-branded Virgin Media early next year, the company announced Wednesday. NTL, which bought British entrepreneur Richard Branson’s Virgin mobile phone business last year for £1bn confirmed that Virgin Mobile will continue as a separate brand but remain part of the Virgin Media group NTL also announced its Q3 results […]

NTL goes Quadplay

UK cable player NTL on Wednesday launched its quadplay service in the UK with a promise that it could save consumers up to £400 a year. The offering ‘4 for £40’ includes digital TV with video on demand, unlimited broadband, home telephone and a mobile service for £40 per month. While NTL is attempting to […]

NTL may be target of 10bn GBP bid

NTL, the cable giant which recently underwent a mega-merger with Telewest and Virgin Mobile, could now be a target itself. It is understood an investment consortium comprising Providence Equity Partners, Blackstone, Kohlberg Kravis Roberts and Cinven has tabled an offer of £10bn for the firm. The equity partners are believed to have made an approach […]

NTL hit by merger costs

UK cable behemoth NTL on Tuesday announced its first set of full quarterly financial results since its merger with Telewest and more recent closing of the acquisition of Virgin Mobile. As a result, revenues for the three months to the end of June almost doubled from £482m a year ago to £884m. However, integration costs […]

NTL woos corporates without Virgin

Cable giant NTL is to expand it business communications division – but without using the Virgin brand, which it bought earlier this year. Starting in the first half of 2007, the freshly merged company will use the Virgin name to promote its mobile, cable TV, broadband and landline services under a licensing agreement reached at […]

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