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March 28, 1989

9 COMPANIES MAKE BID FOR DUBLIN’S CABLELINK

By CBR Staff Writer

Nine companies are thought to have made a bid for Europe’s fifth largest cable television operator, Dublin’s Cablelink (CI No 1,090); these are Telecom Eireann, Fanoma of Finland, the UK’s United Cable, Pacific Telesis Inc, BellSouth Corp, the Setanta consortium, Triax consortium, Irish and Overseas Communications, and Time Inc; Radio Telefis Eireann, holder of 80% of Cablelink shares, is considering holding onto a stake of around 25%.

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