UK cable operator Telewest has increased its UK coverage with the purchase of cable service provider Eurobell from Deutsche Telekom.
Telewest has bought Eurobell in a deal worth up to £280m enabling it to extend its UK cable network to the south of the country.
Eurobell supplies telephone, internet, data and cable TV services to 336,600 franchise homes in southern England, and has more than 171,000 residential and 10,500 business customers.
Adam Singer, group executive at Telewest, said: "The purchase of Eurobell is a terrific opportunity to expand our network by acquiring the last significant independent cable operator in Britain."
"More exciting still is the addition of Gatwick Airport to our existing coverage of Heathrow. We now have two of the busiest airports in the world, with all the ancillary businesses that go with them, in our franchise area," he added.
Telewest is paying for the deal with shares which will be convertible in 2003. It will pay an initial £200m for Eurobell and a further amount of up to £30m based on Eurobell's sales up to the end of the year.
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