Broadband Subscribers Pass 100,000 Mark for UK's Telewest

01 March 2002

British cable operator Telewest is due to announce it has over 100,000 broadband internet customers when it posts full-year results today (Friday).

High-speed web connections are a key area of growth for the company, though analysts are expected to pay close attention to whether the core offerings of cable-TV, telephone and business services can continue to expand as well.

Telewest's full-year EBITDA (earnings before interest, tax, depreciation and amortization) is predicted at between £290 million (€475m; $412m) and £300m, with revenues of around £1.25bn. It is also expected to write down about £1 billion of stock in connection with its £2.3bn purchase of TV programmer Flextech.

Data sourced from: Financial Times; additional content by WARC staff