NTL merger with Telewest will put jobs at risk

Cable providers NTL and Telewest are close to reaching a merger agreement, according to reports in the Sunday Times and the BBC.

The proposed £5.5bn merger would create a real rival to satellite provider BSkyB, as NTL has about 3.1 million subscribers in the UK while Telewest has 1.8 million.

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Reports say combining the two would generate vast operational savings, with implications for jobs at both companies.

Both Telewest and NTL declined to comment.