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CALIFORNIA | LOCAL
June 18, 1988 | From Times wire services
The Los Angeles City Council ordered a cable television company to pay the city $51,269 in damages Friday for failing to finish on time a cable network in the eastern San Fernando Valley. United Cable Television of Los Angeles also was ordered to deposit an additional $186,200, which will be returned with interest if the network is finished by the end of the year and all residents who have signed up for the service are connected to it by Feb. 28, 1989.
CALIFORNIA | LOCAL
January 9, 1988
United Cable Television of Los Angeles has asked a City Council committee to extend to the end of the year the deadline for completion of the long-delayed East San Fernando Valley cable TV system. The Industry and Economic Development Committee is expected to approve the extension, which would be the fourth since the company won the cable franchise in 1983 on the promise that it would complete the system by December, 1985.
BUSINESS
March 10, 1988 | KATHRYN HARRIS, Times Staff Writer
United Artists Communications and United Cable Television on Wednesday announced an agreement to combine in a new company that would rank as the nation's third-largest cable-TV operator. The merger also strengthened the grip of Tele-Communications, the nation's largest cable operator, which will own 52% of the new entity. The terms of the deal appeared to satisfy some outspoken investors who attacked an earlier merger proposal that would have paid no cash.
BUSINESS
January 15, 1988 | KATHRYN HARRIS, Times Staff Writer
United Cable Television and United Artists Communications, two major cable TV companies that abandoned a merger proposal last October in the wake of the stock market crash, announced Thursday that they have begun discussing a merger on different, undisclosed terms. Senior executives at the two Denver-based companies were unavailable for comment, but the announcement was greeted as fresh evidence of the cable industry's resilience.
CALIFORNIA | LOCAL
June 18, 1988 | From Times wire services
The Los Angeles City Council ordered a cable television company to pay the city $51,269 in damages Friday for failing to finish on time a cable network in the eastern San Fernando Valley. United Cable Television of Los Angeles also was ordered to deposit an additional $186,200, which will be returned with interest if the network is finished by the end of the year and all residents who have signed up for the service are connected to it by Feb. 28, 1989.
BUSINESS
March 10, 1988 | KATHRYN HARRIS, Times Staff Writer
United Artists Communications and United Cable Television on Wednesday announced an agreement to combine in a new company that would rank as the nation's third-largest cable-TV operator. The merger also strengthened the grip of Tele-Communications, the nation's largest cable operator, which will own 52% of the new entity. The terms of the deal appeared to satisfy some outspoken investors who attacked an earlier merger proposal that would have paid no cash.
BUSINESS
January 15, 1988 | KATHRYN HARRIS, Times Staff Writer
United Cable Television and United Artists Communications, two major cable TV companies that abandoned a merger proposal last October in the wake of the stock market crash, announced Thursday that they have begun discussing a merger on different, undisclosed terms. Senior executives at the two Denver-based companies were unavailable for comment, but the announcement was greeted as fresh evidence of the cable industry's resilience.
CALIFORNIA | LOCAL
January 9, 1988
United Cable Television of Los Angeles has asked a City Council committee to extend to the end of the year the deadline for completion of the long-delayed East San Fernando Valley cable TV system. The Industry and Economic Development Committee is expected to approve the extension, which would be the fourth since the company won the cable franchise in 1983 on the promise that it would complete the system by December, 1985.
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