Re: European MSO - Callahan and Telewest
Thread- Some more news out of Europe. Again, I post both Asian, Latin America, and European stats and info because the ROW(rest of world) is much larger than the USA market(number of subs) and it would follow, as the USA goes, so goes the ROW. I don't think Callahan, Gates, etc., would be investing so much in the ROW plants if there wasn't going to be lot's of upgrades to them and additional revenue streams.
IMO lot's of money yet to be spent upgrading to HFC and digital TV, maybe even cable telephony? I never read much on any countries outside of the USA regarding cable telephony. Not quite sure why. I'm assuming most of it may be a one-way plant. But it's only a guess. -MikeM(From Florida)
PS If you follow the linked urls to this post, you'll see quite a few deals being put together in Europe.
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Callahan Offers to Buy Telewest Communications, Telegraph Says
8/5/00 London, Aug. 5-- Callahan Associates Intl. LLC, a private equity firm that operates communications businesses through joint ventures, offered to buy Telewest Communications Plc, a transaction which could be valued at as much as 6 billion pounds ($9 billion), the Sunday Telegraph reported, citing unidentified London-based analysts.
A purchase of Telewest, the U.K.'s No. 2 cable company, would be in line with Callahan's European expansion plans, analysts said. While Callahan could face competition from a rival bid by NTL Inc., the U.K.'s biggest cable television company, it will also have to woo Telewest's largest shareholders, Microsoft Corp. and AT&T Corp.'s Liberty Media Group, the paper said. |
