Nynex CableComms reports fall in annual losses to pounds 63.1m last year
Wednesday 22 January 1997
John Killian, chief executive, refused to be drawn on speculation about delays to the forthcoming pounds 5bn merger with Cable & Wireless's Mercury subsidiary, Bell Cablemedia, and the UK operations of Videotron. He said the deal was still on course to be completed in the spring. He confirmed he was not a candidate for the post of chief executive of the new company, C&W Communications, and said he would return to work for the parent company, the US Nynex Corporation, after the merger.
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