OFT clears NTL and BSkyB’s deals

The Office of Fair Trading has cleared NTL’s $6bn (£3.4bn) takeover of rival cable TV operator Telewest. It said in a statement that there was justification in referring the deal to the Competition Commission. The OFT also rubber-stamped satellite broadcaster BSkyB’s £211m purchase of internet company Easynet. The combined NTL and Telewest will have customers […]

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