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Telewest's new chief plans shake-up

02 August 2002   

 

Telewest's new chief plans shake-up

"In an effort to conserve cash Mr Burdick said Telewest would spend less chasing new customers and concentrate on persuading existing subscribers to buy broadband internet services.

The high-speed web access is the third and most profitable leg in cable's much vaunted "triple play" of telephone, television and internet.

Telewest has signed up 15,000 subscribers to its 1MB broadband service in the seven weeks since it launched, and now has 192,000 customers taking high-speed internet services.

In the six months to June 30 core earnings grew 30% to £184m on a yearly basis, while turnover edged up 4% to £674m. "


529 Also posted to: Telewest backgrounder . At: 9:37:15 AM  . .
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