Article Abstract:
Vivendi Universal's Canal Plus unit has assumed 100% control of NC Numericable. However, Numericable said that a new partners will be necessary.
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Article Abstract:
NTL Inc. announced that it has reached an agreement to sell off its 50% share in Cable London PLC to Telewest Communications PLC. NTL will sell the share for approximately 428 million pound sterling (647.7 million euros) in cash. Cable London is owned equally by both Telewest and NTL. Telewest said it is acquiring NTL's share in Cable London because it believes London is a major new digital market services marketplace.
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Article Abstract:
NBC is near an agreement to purchase a minority share in Paxson Communications Corp. for approximately $400 million (378 million euros). NBC is acquiring 32% of Paxson.
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