By Lisa Burroughes, 6 July 1998 15:50
NEWS Cable & Wireless Communications (CWC) has bought a 50.1 per cent stake in media company, Two Way TV, for £13m. CWC will supply Two Way TV services to its own customers as part of its digital television strategy. Home banking and shopping will also be on offer. Two Way TV enables viewers to compete in game shows along with on-screen contestants, and has been tested in 3,000 homes in the UK. Other investors in the company include Ladbroke Group and Vencom, a US venture captial group.
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