U.K. cable company NTL, which recently agreed to acquire Virgin Mobile, is expected to cut about 6,000 jobs after it completes its merger with Telewest. The cuts are expected to come as part of proposed annual cost savings of £250 million, with many of the layoffs expected to come from outsourcing agreements with suppliers. With its deal with Virgin Mobile, NTL is embarking on a quadruple-play strategy, delivering pay-TV, broadband Internet and fixed and mobile telephony to a combined customer base of about 9 million in the U.K.
For more about NTL's expected cuts:
- read this report from telecoms.com (sub. req.)