BT has invited a select group of investors to a private dinner ahead of its third quarter financial results to discuss the company's debt management and restructuring plans, according to the FT.
Investors have said the meeting has been planned in response to concerns about BT's £10bn restructuring plans. BT reports its Q3 results on 8 February.
Telewest ends exclusive Pace deal
UK cable operator Telewest is to scrap its exclusive supply deal with set-top box maker Pace Micro next month.
Telewest, which will announce a supplementary deal with an alternative supplier in March, said it will continue to use Pace as its primary supplier but said it makes sense to have more than one supplier.
Last summer Telewest was forced to stop marketing its digital TV services after a worldwide shortage of flash memory chips meant Pace Micro was unable to meet demand.
Ericsson pulls out of phone manufacturing
Swedish mobile firm Ericsson is to quit handset manufacturing in an attempt to prevent further losses in its consumer products division.
Ericsson said it will outsource mobile phone production to US electronics company Flextronics, which will take over its plants in the UK, the US, Brazil, Malaysia and Sweden.
Ericsson, which announced fourth quarter pre-tax profits of 4.6bn (£327m) - down from 8.5bn krona (£603m) last year - said the deal will enable it to focus on development, design, sales and marketing of mobile phones.
NTL aims high
UK cable company NTL has set a target of 1.25 million digital subscribers by the end of the year. At the end of last year it had 530,700 subscribers.
NTL, which expects revenues of £2.6bn this year and £3.4bn next year, will raise its subscription prices by £2 for the basic package of TV channels.
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