NTL to Replace CEO Simon Duffy with Comcast's Burch

London -- NTL, a U.K.-based cable firm, announced that it will appoint
Stephen Burch, a top executive at U.S.-based cable operator Comcast,
to replace Chief Executive Officer Simon Duffy, who will step down
on Jan. 16. NTL said Duffy would become executive vice chairman,
with a focus on external management issues including group strategy
and business development. The executive shake-up will be a major
surprise for many investors and analysts as it comes at a pivotal time
for the company, which recently made a bid for local mobile operator
Virgin Mobile and is currently in the process of merging with local
rival Telewest.
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