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10-04-2005, 01:42 PM
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NTL paid £3.4bn for Telewest
NTL and Telewest plan to take on BSkyB in the UK
Britain's biggest cable company NTL is to take over rival operator Telewest for about $6bn (£3.4bn). The deal will create the UK's dominant cable TV company, enabling it to compete more effectively with market leading pay-TV broadcaster BSkyB. source/full story: news.bbc.co.uk/1/hi/business/4304008.stm
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