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

News, 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