SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Rule 13d-101)
(Amendment No. 2)
Under the Securities Exchange Act of 1934
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
TeleWest Communications plc
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(Name of Issuer)
Ordinary Shares of 10p each
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(Title of Class of Securities)
*
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(CUSIP Number)
Wayne A. Wirtz
SBC Communications Inc.
175 East Houston
San Antonio, Texas 78205
(210) 351-3736
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 10, 1998
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
NOTE: Schedules files in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
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* CUSIP number for the American Depository Shares, each representing ten
Ordinary Shares of 10p each is 879956P 10 5.
<PAGE>
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CUSIP NO. - None*
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
SBC Communications Inc.; I.R.S. Identification No. 43-1301883
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 18,526,922
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
18,526,922
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* The CUSIP Numbers for the American Depositary Shares Representing the
Ordinary Shares is 87956P 10 5.
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<PAGE>
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
18,526,922
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12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
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14. TYPE OF REPORTING PERSON
HC, CO
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<PAGE>
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CUSIP NO. - None*
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Southwestern Bell International Holdings (UK-1) Corporation; I.R.S.
Identification No. 51-0362082
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
Not Applicable
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)
[ ]
- --------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY 18,526,922
EACH -----------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
10. SHARED DISPOSITIVE POWER
18,526,922
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* The CUSIP Numbers for the American Depositary Shares representing the
Ordinary Shares is 87956P 10 5.
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<PAGE>
- --------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
18,526,922
- --------------------------------------------------------------------------------
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.9%
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14. TYPE OF REPORTING PERSON
CO
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<PAGE>
AMENDMENT NO. 2 TO SCHEDULE 13D
RELATING TO THE ORDINARY SHARES OF
TELEWEST COMMUNICATIONS PLC
This Amendment No. 2 (this "Amendment") filed by SBC Communications
Inc., a Delaware corporation ("SBC") and Southwestern Bell International
Holdings (UK-1) Corporation ("SBUK-1"), a Delaware corporation and a
wholly-owned subsidiary of SBC International, Inc., a Delaware corporation and a
wholly owned subsidiary of SBC, is the final amendment to the Statement on
Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on
October 13, 1995 by SBC, SBUK-1 and Southwestern Bell International Holdings
(UK-2) Corporation, formerly a Delaware corporation and formerly a wholly-owned
subsidiary of SBCI ("SBUK-2"), as previously amended by Amendment No. 1 thereto
filed with the SEC by SBC and SBUK-1 on September 14, 1998 (as so amended, the
"13D"). Capitalized terms used but not defined herein shall have the meaning
ascribed to such terms in the 13D.
Item 4. Purpose of the Transaction.
Item 4 of the 13D is hereby amended and supplemented as follows:
On September 10, 1998 SBUK-1 entered into the Letter Agreement pursuant
to which SBUK-1 agreed to sell up to 180,000,000 Ordinary Shares to MediaOne
International Holdings, Inc. ("MediaOne Holdings"). On November 10, 1998, SBUK-1
sold 174,908,162 Ordinary Shares to MediaOne pursuant to the Letter Agreement
(the "MediaOne Transaction"). Following the disposition of Ordinary Shares
pursuant to the MediaOne Transaction and the open market sales described in Item
5 below, SBUK-1 owned approximately 18,526,922 Ordinary Shares representing
approximately 0.9% of the Ordinary Shares (based on information relating to the
number of Ordinary Shares outstanding contained in TeleWest's Current Report on
Form 8-K filed with the Securities and Exchange Commission on September 8,
1998). As a result of the MediaOne Transaction, SBUK-1 no longer has the right
to appoint a director to the Board and its appointed director has resigned.
Item 5. Interest in Securities of the Issuer.
Item 5 of the 13D is hereby amended and supplemented as follows:
On November 10, 1998, the MediaOne Transaction was consummated. In the
MediaOne Transaction SBUK-1 sold 174,908,162 Ordinary Shares directly to
MediaOne Holdings for $2.25 per Ordinary Share.
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<PAGE>
From time to time since September 22, 1998, SBUK-1 has sold Ordinary
Shares in open market sales. The number of Ordinary Shares sold and the average
net price per Ordinary Share received by SBUK-1 on each day on which such open
market sales occurred is set forth on Schedule A attached to this Amendment.
Set forth on Schedule A is a description of sales of Ordinary Shares
effected by SBUK-1 since the filing of the last amendment to the 13D other than
the sale of Ordinary Shares to MediaOne Holdings. All sales listed on Schedule A
were effected pursuant to open market sales of Ordinary Shares.
SBC and SBUK-1 currently beneficially own 18,526,922 Ordinary Shares
representing, based on information contained in TeleWest's Current Report on
Form 8-K filed with the Securities and Exchange Commission on September 8, 1998,
approximately 0.9% of the outstanding Ordinary Shares. The Reporting Persons
have shared voting and dispositive power over all of the Ordinary Shares that
they beneficially own.
As a result of the MediaOne Transaction, SBC and SBUK-1 ceased to be
beneficial owners of more than five percent of the Ordinary Shares on November
10, 1998.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
Item 6 of the 13D is hereby amended and supplemented as described in
response to Items 4 and 5 above.
Item 7. Material to be Filed as Exhibits.
Exhibit (J) -- Joint filing Agreement between SBC Communications Inc.
and Southwestern Bell International Holdings (UK-1)
Corporation dated November 12, 1998
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment is true, complete and
correct.
Dated: November 12, 1998
SBC COMMUNICATIONS INC.
By: /s/ Donald E. Kiernan
----------------------------
Name: Donald E. Kiernan
Title: Senior Vice President and
Chief Financial Officer
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<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Amendment is true, complete and
correct.
Dated: November 12, 1998
SOUTHWESTERN BELL
INTERNATIONAL HOLDINGS (UK-1)
CORPORATION
By: /s/ Roger W. Wohlert
----------------------------
Name: Roger W. Wohlert
Title: Treasurer
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Exhibit J
FILING AGREEMENT
Pursuant to Rule 13d-1(f) promulgated under the Securities Exchange Act
of 1934, the undersigned hereby agree to the filing of this amendment to the
Statement on Schedule 13D on behalf of SBC Communications Inc., a Delaware
corporation, SBC International, Inc., a Delaware corporation and Southwestern
Bell International Holdings (UK-1) Corporation, a Delaware corporation.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed an original, but all of which shall constitute one and the
same instrument.
Dated: November 12, 1998
SBC COMMUNICATIONS INC.
By: /s/ Donald E. Kiernan
--------------------------------
Name: Donald E. Kiernan
Title: Senior Vice President,
Treasurer and Chief
Financial Officer
SOUTHWESTERN BELL
INTERNATIONAL HOLDINGS (UK-1)
CORPORATION
By: /s/ Rogert W. Wohlert
--------------------------------
Name: Roger W. Wohlert
Title: Treasurer
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<PAGE>
Schedule A
OPEN MARKET TRANSACTIONS BY SBUK-1
EFFECTING SALES OF ORDINARY SHARES
Sales of Ordinary Shares effected by SBUK-1 since the last amendment to
the 13D, other than sales of Ordinary Shares pursuant to the MediaOne
Transaction, are set forth below for each date on which sales occurred. All such
sales were open market sales of Ordinary Shares on the London Stock Exchange.
Date Number of Ordinary Approximate Average Net
- ---- Shares Sold Price Per Ordinary Share
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09/24/98 1,657,500 $2.355
09/24/98 1,500,000 $2.340
09/30/98 800,000 $2.292
10/30/98 10,000,000 $2.257
A-1
