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Telewest backgrounder: Who, what why and where of one of the UK's broadband providers. News and background stuff.

Malone withdraws Telewest bond offer

20 July 2002   

 

Malone withdraws Telewest bond offer

"The battle for control of Telewest has taken a surprise twist with billionaire John Malone withdrawing his offer for the cable group's bonds and telling three of his lieutenants to stand down from the company's board. "

 

It's seen as a long chess game, he'll still want Telewest to be part of his expansion from the US to Europe.


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