Telewest / NTL Finance Data

[Pierre]

Originally Posted by Chrysalis

Funny words, a company that apperently has no money buying out another company.

They have just sold broadcast for £1.2b and are in the process of selling ntl:Eire for approx £0.5b

[Escapee]

Originally Posted by scrotnig

I think the timne to set this up would be after the inevitable Telewest merger and all the associated redundancies.

For staff, there's more pain yet before any gain. Luckily I'll be out of it all in less than a month.

There seems to be people jumping ship before redundancy recently, with many others looking around. I guess its down to uncertainty about their job security but also an increase in the number of technical jobs becoming available will give people the opportunity.

It will most certainly be a tough time for the people left behind in some departments.

[Ignition]

Originally Posted by Chrysalis

Funny words, a company that apperently has no money buying out another company.

Good to see you read the reply above yours:

Originally Posted by Me

For the curious 'buy out' is could be pretty much the same as merger in this case, all mergers require one company to buy out another, just it's going to be with stock in the new company, so stockholders in Telewest will be paid for their TW shares with shares from the combined company.

ntl certainly don't have the cash for an all cash buyout of a $4.5 biilion company.

Just a reminder this isn't even a buyout for the most part it'll be the people who own both companies rearranging their assets to be cold about it. They're hardly going to vote against their one company taking over the other.

[Saneboy13]

When everybody talks about the proposed buy out or merger of NTL and Telewest, you all seem to overlook the one common factor in both companies.


The restructuring deal for both NTL and Telewest were headed up by the "Same" person, one Mr Huff. I don't see a proposed buy out happening, because who does Mr huff sell out to? he is the main financier of both companies so in theory the merger looks the only option that there is.

I might be wrong and have overlooked something myself, and I am willing to be put right. But I see it happening sooner rather than later on the stock's being altered and the main player in both camps

[eshaq786]

What will a merger mean for end users? What benefits will it bring?

[Derek]

Originally Posted by eshaq786

What will a merger mean for end users? What benefits will it bring?

Eventually one cable company for the UK (Well aside from a couple of smaller ones like Kingston and Omne) who will, in theory, be able to work together against Sky and BT.

[Toto]

Originally Posted by Ignition

Just for the curious, Telewest have recently been upgraded in outlook by a couple of the big merchant banks:

http://finance.yahoo.com/q/ud?s=TLWT

Meanwhile NTL were in that same Morgan Stanley valuation downgraded:

http://finance.yahoo.com/q/ud?s=NTLI

NTL are now valued at approximately $5.34B

Telewest $4.49B

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Those stats have been updated again, ntl has been upgraded to a buy.

[Ignition]

Originally Posted by Saneboy13

When everybody talks about the proposed buy out or merger of NTL and Telewest, you all seem to overlook the one common factor in both companies.


The restructuring deal for both NTL and Telewest were headed up by the "Same" person, one Mr Huff. I don't see a proposed buy out happening, because who does Mr huff sell out to? he is the main financier of both companies so in theory the merger looks the only option that there is.

I might be wrong and have overlooked something myself, and I am willing to be put right. But I see it happening sooner rather than later on the stock's being altered and the main player in both camps

In a merger that's unequal the major partner is usually the buyer.

Remember that the value of these companies to their owners is bits of paper, they trade them for other bits of paper, so what, makes no odds to them.

Just a reminder as well, often in a buyout a company will buy a proportion of the company they want first to get themselves a better share of the voting, when they complete their takeover they are pretty much selling their own shares to themselves.

All fun and games.
__________________

Originally Posted by Toto

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Those stats have been updated again, ntl has been upgraded to a buy.

Just not by Morgan Stanley, companies are rated by various banks and financial institutions, hard to say that a single company is a 'buy' or not.
__________________

Originally Posted by eshaq786

What will a merger mean for end users? What benefits will it bring?

You get shafted for all your TW fanboy behaviour and anti-ntl comments in the past