[Merged]Ntl to buy Telewest
03-10-2005, 10:26
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#166
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Re: [Merged] NTL & Telewest Merger
This is the press release we received this morning.
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03-10-2005, 10:46
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#167
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Re: ntl & Telewest Merger Announcement
Nothing regarding products and pricing is going to change for the best part of a year. It's going to take that long to legally get the companies as one, let alone start offering the same services.
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03-10-2005, 10:48
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#168
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Re: ntl & Telewest Merger Announcement
Also here:
http://ntltelewest.mergerannouncement.com/
Interesting points from:
http://ntltelewest.mergerannouncemen...faq/index.html
So is Telewest now part of ntl?
No. Telewest will not be part of ntl until the transaction closes.
When is the transaction expected to close?
It is expected to close in the first quarter of 2006.
Are there opportunities to grow the companyââ‚à ‚¬Ã¢â€žÂ¢s business?
Yes. The combination of the two companiesââ‚ ¬â„¢ local access networks, which do not overlap, will provide a strong platform allowing for product differentiation and innovation and the delivery of unique packages of service offerings. The combined company will have the benefit of a much larger cable network and, together with Telewestââ‚à ƒâ€šÃ‚¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚¢s content division, will strengthen cableââ‚ƚ¬Ã¢â€žÂ¢s position in the multi-channel TV marketplace.
Will customers benefit?
Consumers will benefit from greater choice, accelerated delivery of a broader range of personalised communications and entertainment services and even better value. T he company will have additional resources to roll out new product offerings †“ such as HDTV, VoD and VoIP †“ across its footprint.
Will there be headcount reductions?
Yes.
How many?
We will not be providing a specific estimate at this time, but as with any acquisition, we do expect headcount reductions where there are overlapping functions and opportunities to streamline the organization.
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03-10-2005, 11:11
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#169
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Re: ntl & Telewest Merger Announcement
I guess this is probably really bad news for NTL and Telewest employees, one because it will mean job losses and two because they'll have yet another ex- system to further complicate support once the two companies are one.
Good luck to all the NTL people on here with their future employment.
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03-10-2005, 11:33
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#170
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Re: ntl & Telewest Merger Announcement
So after they merge is the new company going to be Ntl or something new?
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03-10-2005, 11:36
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#171
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Re: ntl & Telewest Merger Announcement
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Originally Posted by dezzo
So after they merge is the new company going to be Ntl or something new?
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More importantly, what billing system will they use  (having moved from NTL to Telewest and having had a nightmare cancellation where they kept billing me for 10 months after the cancellation, I am not keen on being moved to NTL's billing system...)
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03-10-2005, 11:38
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#172
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Re: [Merged] NTL & Telewest Merger
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Originally Posted by bilal
lets say they do merge, how long would it take to become combined and offer the same products at the same price???
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A long, long, long time. if ever
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03-10-2005, 11:41
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#173
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Re: ntl & Telewest Merger Announcement
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Originally Posted by danielf
More importantly, what billing system will they use
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Please, please, please, please don't let it be SABS. I still have nightmares about that system and its general level of uslessness.
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03-10-2005, 12:03
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#174
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Re: ntl & Telewest Merger Announcement
The merger will inevitably lead to a managerial shake-up at the new company, with Telewest acting chief executive Barry Elson stepping down and NTL boss Simon Duffy taking over.
The board of the company will include all current directors from NTL and two from Telewest.
Well thats us fooked then!!!
I feel sorry for the Telewest boys and gals, they are about to be screwed just like Cable and Wireless Comms were
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Quote:
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Originally Posted by orangebird
Telewest had to restructure too ya know.... They're debt wasn't as big as ntls for sure, but then they are a smaller company anyway. ntl may not be in the back yet, butb they're sure heading the right way.
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Sorry I have to take issue with that statment. Heading in the right way?? are you out of you mind?? (Or maybe you work in Hook or Crawley Court)
We are being managed by half wits and bullys, do me a favour ntl sucks
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03-10-2005, 12:06
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#175
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Re: ntl & Telewest Merger Announcement
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Originally Posted by Womble
The merger will inevitably lead to a managerial shake-up at the new company, with Telewest acting chief executive Barry Elson stepping down and NTL boss Simon Duffy taking over.
The board of the company will include all current directors from NTL and two from Telewest.
Well thats us fooked then!!!
I feel sorry for the Telewest boys and gals, they are about to be screwed just like Cable and Wireless Comms were
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Sorry I have to take issue with that statment. Heading in the right way?? are you out of you mind?? (Or maybe you work in Hook or Crawley Court)
We are being managed by half wits and bullys, do me a favour ntl sucks
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Maybe you can't read then? Look at the quarterly figures. ntl make an operating profit. They never did for years. What's your issue? I'm in Hook, but I've also worked in CC, Winnersh, Andover and Manchester. What's my location got to do with anything? 
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03-10-2005, 12:09
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#176
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Re: ntl & Telewest Merger Announcement
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Originally Posted by orangebird
Maybe you can't read then? Look at the quarterly figures. ntl make an operating profit. They never did for years. What's your issue? I'm in Hook, but I've also worked in CC, Winnersh, Andover and Manchester. What's my location got to do with anything? |
Cos the people from Hook always seem to look at ntl's state through rose tinted glasses!!!
The guys and gals on the front line are treated like dirt, but hey everythink is fine!!!!!
Anyone can cook figures!!!!
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03-10-2005, 12:13
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#177
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Guest
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Re: ntl & Telewest Merger Announcement
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03-10-2005, 12:14
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#178
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Re: ntl & Telewest Merger Announcement
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Originally Posted by Womble
Cos the people from Hook always seem to look at ntl's state through rose tinted glasses!!!
The guys and gals on the front line are treated like dirt, but hey everythink is fine!!!!!
Anyone can cook figures!!!!
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But that's illegal, and ntl have to prove and back up the figures they published as they are now governed by the SOX Act. We are audited regularly.
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03-10-2005, 12:15
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#179
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Re: ntl & Telewest Merger Announcement
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Originally Posted by bob_builder
Will customers benefit?
Consumers will benefit from greater choice, accelerated delivery of a broader range of personalised communications and entertainment services and even better value. T he company will have additional resources to roll out new product offerings †“ such as HDTV, VoD and VoIP †“ across its footprint.
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So no mention of improved customer service then (more important than any of the above)... 
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03-10-2005, 12:18
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#180
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Re: ntl & Telewest Merger Announcement
I'd imagine they would use SABS, I'd be very surprised if NTL just ditched if after all the work and money they have put into it over the past 3 years, plus, what sense would it make exporting 3.3m customers to another system, when they could just import 1.8m from Telewests.
I don't think this could really have come at a worse time for NTL, they were just starting to get onto their feet too, surely they did not need to do this right now, it's going to put them straight onto the back foot.
Expect things to not be right for a few years now.
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