09/05/2007

NTL:Telewest Business up for sale?

VirginMedia which is a consumer focussed brand may dispose of NTL:Telewest Business, its business unit.

Though NTL:Telewest Business accounted for around £200m of VirginMedia's revenue it could be considered "non core". Allegedly there have been talks with Kingston Communications (the Hull based operator), but if that's true there have probably been talks with all the major players (C&W, Carphone Warehouse, THUS, etc).

The cash would allow VirginMedia to acquire content or produce more of its own channels which it's wanted to do for a while.
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