Former Comcast exec Burch tapped to lead UMMS board Oct 11, 2008
In 2005, he was named president of NTL Inc., a British cable company. During his tenure with NTL, he lead the company's mergers with Telewest Global Inc, a U.K.-based cable company, and Virgin Mobile. (Baltimore Business Journal, MD)
Virgin Media Announces Appointment of Neil Berkett as Chief Executive Officer and Other Senior Management Changes Mar 7, 2008
Since then, Neil has served as COO of Prudential Assurance before becoming Managing Director of Distribution at Lloyds TSB in 2003, a position he held until joining NTL Incorporated in 2005, prior to its merger with Telewest Global and its rebranding to Virgin Media. Neil is also Chairman of the National Society for the Prevention of Cruelty to Children's Corporate Development Board. (Primezone Releases)
BSkyB told to sell most of its ITV stake Dec 20, 2007
Welcome to The Sydney Morning Herald. December 20, 2007 - 7:33PM. (Sydney Morning Herald -- Business)
Branson Bets Virgin Media Shares Beat Murdoch in Pay Television Turnaround Dec 11, 2007
Berkett was chief operating officer of NTL Inc., which last year bought Telewest Global Inc. to combine the top two U.K. cable-TV companies. The company changed its name to Virgin Media this year after acquiring Branson's mobile-phone company. (Bloomberg)
Strength In Numbers For Virgin Media Nov 8, 2007
In March, Branson put the brakes on British Sky Broadcasting's basic channels, refusing to air them on his cable operator, NTL Inc. (nasdaq: - - ). British Sky Broadcasting recently reported a profit decrease to $175 million from for the period ending September 30, down from $241. (Forbes -- Markets)
BSkyB 1Q profit falls 28 percent as company feels effect of Virgin dispute Nov 3, 2007
Virgin Media, formed by a merger this year between Richard Branson's Virgin Mobile and cable operator NTL Inc., stopped airing BSkyB's basic channels in March after the companies failed to agree on price. BSkyB said operating profit will be down by about 15 million pounds ($31 million) every quarter so long as its channels are not carried by Virgin Media. (San Diego Union-Tribune -- Business)
BSkyB May Have to Sell ITV Stake, UK Regulator Says (Update6) Oct 3, 2007
9 billion) to block a potential takeover of ITV by cable company NTL Inc., now called Virgin Media Inc. The purchase pitted Rupert Murdoch and his son James against billionaire Branson, Virgin Media's biggest shareholder. If Sky is forced to sell, then ITV is potentially a target again,'' said Justin Diddams, a London-based analyst at ABN Amro, which rates ITV ``hold'' and BSkyB ``buy. (Bloomberg)
BSkyB May Be Forced to Sell ITV Stake, U.K. Competition Commission Says Oct 2, 2007
9 billion) to block a potential takeover of ITV by cable company NTL Inc., now called Virgin Media Inc. The purchase pitted Rupert Murdoch and his son James against Richard Branson, Virgin Media's biggest shareholder. BSkyB would be able to influence ITV's key strategic decisions, particularly relating to investment, whether in content, capacity or new technology,'' Competition Commission Chairman Peter Freeman said in the statement. (Bloomberg -- Europe)
Burch Bolts U.K. Cable Giant Aug 23, 2007
Virgin Media, formerly NTL Inc., is the largest cable operator in the United Kingdom with about 3. 4 million video customers. (Multichannel News)
Virgin Media says CEO Steve Burch has resigned for personal reasons Aug 21, 2007
Burch steered Virgin through its mergers with former cable operators NTL Inc. and Telewest and the mobile operator Virgin Mobile. The company was relaunched with great fanfare in February to create Britain's first "quadruple play" service, offering mobile phone, fixed-line phone, Internet broadband and TV services. (International Herald Tribune -- Sports)
ITV First-Half Profit Declines on Advertising Sales, Phone-in Quiz Revenue Aug 8, 2007
In October last year ITV rejected a takeover bid from U.K. cable TV firm NTL Inc., now renamed Virgin Media Inc.. To contact the reporter on this story: Mark Herlihy in London at. (Bloomberg -- UK)
UPDATE:Virgin Media Halts Strategic Review Amid Debt Turmoil Aug 8, 2007
Virgin Media was formed through a series of transactions between 2005 and 2006 that involved the merger of the U.K.'s only two significant cable operators, Telewest Global and NTL Inc. In a separate transaction, entrepreneur Richard Branson took a 10. 5% equity stake in the wider company and sold his controlling stake in Virgin Mobile, a mobile operator. (CNNMoney.com)
Virgin Media extends strategic review, effectively delays sale of company Aug 8, 2007
Virgin, the byproduct of a number of mergers, including the former cable operators NTL Inc. and Telewest and the mobile operator Virgin Mobile, was formed to create Britain's first quadruple play service, offering mobile phone, fixed-line phone, Internet broadband and TV services. It has struggled, however, to provide solid services and recently invested substantially in revamping its customer service after scores of complaints. (San Diego Union-Tribune -- Business)
Billionaire Blavatnik to buy Web firm Premium TV Jul 23, 2007
When Quest took over the business in 2002 from Virgin's predecessor company, NTL Inc., it had 30 million pounds ( 61. 5 million) of liabilities and faltering deals with UK football clubs. (Yahoo News -- Technology)
Sawiris Might Sell Wind's Italian Telephone-Tower Unit for $2 Billion Jul 6, 2007
It also led a group in 2004 that bought the U.K. transmission towers of cable company NTL Inc., now called Virgin Media Inc., for 1. 27 billion pounds. (Bloomberg)
* Carlyle Group makes US$11.35 billion bid for Virgin Media Jul 4, 2007
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World)
Buyout activity, manufacturing news lift stocks Jul 3, 2007
The bid comes almost a year after a group led by Providence Equity Partners attempted to buy the company, then known as NTL Inc., for more than $8 billion. That group may now make a rival offer, the people said. (Providence Journal (subscription))
Virgin Media Says It Received Offer Jul 3, 2007
The aggregation of cable operators NTL Inc. and Telewest and the mobile operator Virgin Mobile, the company reported its seventh consecutive quarterly loss in May after subscribers defected to rival satellite service BSkyB.. Thomas Eagan, a media analyst at Oppenheimer said going private could make Virgin Media more competitive. (Forbes)
Carlyle Group May Bid for Virgin Media Jul 2, 2007
Virgin Media, formed by a merger this year between Branson's Virgin Mobile and cable operator NTL Inc., reported its seventh consecutive quarterly loss in May after subscribers defected to rival BSkyB.. Virgin Media lost customers earlier this year after it stopped airing basic BSkyB channels, dropping popular programs such as "Lost," "24," and "The Simpsons," as the result of a battle over fees during negotiations to renew a distribution agreement. (Waterloo-Cedar Falls Courier)
Virgin Media Hikes 2Q Subscriber Outlook Jun 9, 2007
Virgin Media Inc., the company formed by the merger of British cable company NTL Inc. and Virgin Mobile on Friday raised its second-quarter TV subscriber growth forecast to flat. The company said the improved outlook was due to "wide ranging mitigation actions" along with improved communications and marketing, growing recognition for its video-on-demand content and the appeal of its new Virgin Media brand. (Forbes)
Providence Equity Targets Virgin Media May 26, 2007
the recently renamed U.K. cable operator once known as NTL Inc., could be a buyout candidate after British newspaper reports that private equity giant is readying a $15 billion bid for the company. News that Virgin may be in play goosed the company s stock by more than 7% this week. (Multichannel News)
Britain announces inquiry into BSkyB purchase of stake in terrestrial TV company May 25, 2007
8 billion, a move that most analysts viewed as an attempt to prevent its pay-TV rival NTL Inc. from acquiring ITV.. NTL, which is now called Virgin Media after a merger with Richard Branson's Virgin Mobile, had announced shortly before BSkyB's acquisition that it was talking with ITV about an offer. (San Diego Union-Tribune -- Business)
ITV Says First-Half Advertising Sales at Main Channel Declined 9.6 Percent May 17, 2007
Grade was named to the top job a week after ITV rejected a takeover bid from U.K. cable TV company NTL Inc., now renamed Virgin Media. British Sky Broadcasting Group Plc, run by Rupert Murdoch's son, James, became ITV's biggest shareholder by buying a 17. (Bloomberg -- UK)
Virgin Media Reports First Quarter 2007 Results May 9, 2007
On February 6, 2007, NTL Incorporated changed its name to Virgin Media Inc. ... On March 3, 2006, the former NTL Incorporated (now known as Virgin Media Holdings Inc.) merged with a subsidiary of Telewest Global, Inc. (now known as Virgin Media Inc.) Because this transaction was accounted for as a reverse acquisition, the actual reported financial information included in this release is of the corporation now known as Virgin Media Holdings Inc. for the period through March 3, 2006 and thereafter... (Yahoo! Wire -- Entertainment News)
British competition and media watchdogs recommend inquiry into BSkyB purchase of TV stake Apr 27, 2007
8 billion in a move that most analysts viewed as an attempt to prevent its pay-TV rival NTL Inc. from acquiring ITV.. NTL, which is now called Virgin Media after a merger with Richard Branson's Virgin Mobile, had announced shortly before BSkyB's move that it was in initial talks with ITV about an offer. (International Herald Tribune -- Business)
Oracle Case E-Discovery Fight Heats Up Apr 18, 2007
In January, federal Magistrate Judge Andrew J. Peck issued a spoliation sanction against NTL Inc. and ordered a severe punishment ... In re NTL Inc. Securities Litigation, No. 02-CV-3013LAK.. (Law.com)
Virgin Media takes legal action against pay-TV rival BSkyB, seeking compensation for 1st time Apr 13, 2007
Virgin Media Inc., formed by a merger this year between Richard Branson's Virgin Mobile and cable operator NTL Inc., filed proceedings in the High Court under Britain's Competition Act and the European Commission treaty, which prohibit a company from abusing its dominant position. The company said it was resorting to legal action after Sky Broadcasting Group PLC rejected an offer to solve the dispute through arbitration by an independent expert. (San Diego Union-Tribune -- Business)
James Murdoch Fights Billionaire Branson in Test of News Corp. Inheritance Mar 11, 2007
He added broadcasting last year when his U.K. mobile-phone unit was purchased by NTL Inc., the country's biggest cable company, in a deal that made Branson the biggest shareholder. NTL, with 3. (Bloomberg)
ITV 2006 Profit Falls, Ad Revenue Decline on `Coronation Street' Channel Mar 7, 2007
Grade, a former BBC Chairman, was appointed executive chairman on Nov. 28, a week the company rejected a takeover bid from U.K. cable TV firm NTL Inc., now renamed Virgin Media Inc. Grade, whose first move was to cancel ITV's 500-million-pound share buyback scheme, said the priority was improving the quality of ITV's programs. BSkyB Investment. (Bloomberg -- UK)
Virgin Media loss widens on integration costs Feb 28, 2007
NTL Inc. merged with Virgin Mobile last year, and the integration of the businesses pushed up costs to 1. 07-billion pounds, $2. (Globe and Mail -- Business)
T-Mobile Says Phone-Asset Prices in India, Other Emerging Markets Inflated Feb 14, 2007
In the U.K., NTL Inc. already offers combined TV, Internet and phone services. We'll be opportunistic and look at each market where we don't have landline and see if it makes sense for us to bundle or resale part of the landline services,'' Akhavan said. (Bloomberg -- Germany)
Carphone Warehouse Third-Quarter Sales Gain 32 Percent on TalkTalk Service Jan 12, 2007
The company began offering free broadband with its fixed-line phone services this year in an effort to lure subscribers from BT Group Plc and NTL Inc.. The outlook for our businesses remains good,'' Chief Executive Officer Charles Dunstone said in the statement, adding that full-year results will be in line with analysts' estimates. (Bloomberg -- UK)
