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NTL hush hush over C&W deal

Will Knight ZDNet.co.uk

Published: 20 Jul 1999 13:17 BST

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Sources at NTL refuse to confirm that the much-anticipated take-over of the residential arm of Cable and Wireless Communications (CWC) will go ahead this week.

Despite persistant rumour-mongering in the national press concerning NTL's supposed £8bn take-over bid, the official line from NTL is still "no comment."

A NTL spokesperson said: "Our latest statement was that we are having exclusive talks with Cable and Wireless over their residential arm, but we are not revealing any statements yet."

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