SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) AUGUST 19, 1999
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NTL COMMUNICATIONS CORP.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-22616 52-1822078
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
110 East 59th Street, New York, New York 10022
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (212)906-8440
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
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(A) On August 19, 1999, NTL Incorporated ("NTL") agreed to acquire 100% of
Workplace Technologies plc ("Workplace"), one of the UK's leading data network
service integrators, for 228p per share and a total consideration of
approximately 81 million pounds sterling (approximately $129 million) in cash.
Workplace shareholders can elect to receive loan notes for their shares in lieu
of cash. NTL also assumed approximately 20 million pounds sterling
(approximately $32 million) of Workplace net debt.
(B) On August 25, 1999 NTL announced that Telewest Communications PLC
exercised its right to purchase all of NTL's shares of Cable London PLC and all
of NTL's related rights and interests for the purchase price of approximately
428 million pounds sterling (approximately $685 million) in cash. The purchase
price implies a total enterprise value for Cable London of approximately 1
billion pounds sterling (approximately $1.6 billion).
Item 7. Financial Statements and Exhibits.
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Exhibits
99.1 Press release, issued August 19, 1999
99.2 Press release, issued August 25, 1999
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NTL COMMUNICATIONS CORP.
(Registrant)
By: /s/ Richard J. Lubasch
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Name: Richard J. Lubasch
Title: Executive Vice President-
General Counsel
Dated: September 17, 1999
EXHIBIT INDEX
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Exhibit Page
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99.1 Press Release issued, August 19, 1999
99.2 Press Release issued, August 25, 1999