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-   -   [Merged]Ntl to buy Telewest (https://www.cableforum.uk/board/showthread.php?t=37770)

robocop_uk10 26-10-2005 16:58
Re: [Update] NTL to buy Telewest
 
Ntl And Telewest Have Already Mereged And There Will Be A Few Difrences But As Far As Staff Have Been Told Telewest Will Now Take Over Installs Such As The Way There Are Done But Apart From That We Have Not Been Told Thay It Will Not Affect Us In Any Other Way ;)

If This Helps In Any Way

jtwn 26-10-2005 23:12
Re: [Update] NTL to buy Telewest
 
So you lose your job or do you just mean they take over the management side of it?



...and no offense, but there is no need to type every first letter a capital ;)

danielf 27-10-2005 00:02
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by jtwn
...and no offense, but there is no need to type every first letter a capital ;)
Probably a C++ coder ;)

Pierre 27-10-2005 09:16
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by robocop_uk10
Ntl And Telewest Have Already Mereged And There Will Be A Few Difrences But As Far As Staff Have Been Told Telewest Will Now Take Over Installs Such As The Way There Are Done But Apart From That We Have Not Been Told Thay It Will Not Affect Us In Any Other Way ;)

If This Helps In Any Way
Telewest and NTL haven't merged yet, and discussions about the operations of the company at such a level as indicated here has not happened.

orangebird 27-10-2005 09:39
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by robocop_uk10
Ntl And Telewest Have Already Mereged And There Will Be A Few Difrences But As Far As Staff Have Been Told Telewest Will Now Take Over Installs Such As The Way There Are Done But Apart From That We Have Not Been Told Thay It Will Not Affect Us In Any Other Way ;)

If This Helps In Any Way
Robocop, not being funny or anything, but who told you that? It's all complete crap.

robocop_uk10 27-10-2005 18:20
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by orangebird
Robocop, not being funny or anything, but who told you that? It's all complete crap.
about 2 weeks ago all ntl and cobra staff got a text message telling us that they have thats all i know :confused:

ian@huth 27-10-2005 18:36
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by robocop_uk10
Quote:
Originally Posted by orangebird
Robocop, not being funny or anything, but who told you that? It's all complete crap.
about 2 weeks ago all ntl and cobra staff got a text message telling us that they have thats all i know :confused:
Seeing that Orangebird is a member of NTL staff then I would think that she is in a position to respond as she has. If you read http://ntltelewest.mergerannouncement.com/ you will see that
Quote:
The transaction is subject to U.K. regulatory approvals, approval by the shareholders of both companies and other customary closing conditions. It is expected to close in the first quarter of 2006.

Chrysalis 28-10-2005 05:35
Re: [Update] NTL to buy Telewest
 
Would be funny if the shareholders blocked it, serve them right for announcing something before its done for once.

Ignition 28-10-2005 07:19
Re: [Update] NTL to buy Telewest
 
Not likely the big shareholders would have been extensively consulted on the deal.

Saneboy13 28-10-2005 07:25
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by Ignition
Not likely the big shareholders would have been extensively consulted on the deal.
.

Not likely there would have been much objection to the whole deal happening. Bill Huff is the majority share holder in both companies. He did the debt for equity deal for both NTL and Telewest.

So I would have thought that the proposed merger between the two companies was not a major issue with the remaining share holders.

etccarmageddon 28-10-2005 07:53
Re: [Update] NTL to buy Telewest
 
it's not a merger even if that's what some of their press announcements call it.

SMHarman 28-10-2005 09:37
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by Chrysalis
Would be funny if the shareholders blocked it, serve them right for announcing something before its done for once.
The shareholders have been pushing for this as it will increase shareholder value significantly to have one cable player vs one sat player vs one TDTV player. Synergeys of admin, purchasing power, single brand to advertise across the UK. It all really does make you question why the Govt initially had multiple licencences for this way back when.

Chris 28-10-2005 11:08
Re: [Update] NTL to buy Telewest
 
Quote:
Originally Posted by Chrysalis
Would be funny if the shareholders blocked it, serve them right for announcing something before its done for once.
Further to other responses ... the shareholders of NTL and Telewest are to a great extent one and the same. They have nothing to lose from this, and everything to gain.

Chrysalis 29-10-2005 13:33
Re: [Update] NTL to buy Telewest
 
Yeah I know it is very unlikely it will fall through now :(

Florence 06-11-2005 12:49
NTL to not change anything with Telewest customers
 
From reading the agreement with Telewest it seems NTL have agreed to alter nothing after the merger, speeds, prices contracts. This leave the NTL customers capped while Telewest customers are uncapped.

Read more http://www.telewest.co.uk/ntl_telewest_agreement.html

If this has been posted before I am sorry I tried to search and couldn't find it.


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