Speaking at a conference in London today, Singer discussed recent speculative reports, which revealed that Telewest had held talks with US cable magnate and chairman of Liberty Media John Malone about a takeover of Telewest by its larger rival NTL.
According to Singer: "In the long term, of course there has to be scale advantages [from a merger with NTL]. Does it makes sense at the moment with both companies' balance sheets as they currently are? Probably not."
Meanwhile, NTL -- which is currently exploring restructuring options for its £11bn debt pile -- revealed it expects to put in a strong operational performance in 2002.
Stephen Carter, NTL, managing director, said: "As far as the operational performance of the company is concerned, last year was a strong year and projections for 2002 are again strong.
NTL will report is full year results on March 11.
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