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centrica feedback concerning NTL
Hi, I would like to start this is not made up by me and if wrong or right would appreciate no personal abuse.
I spoke to my sister asking about the NTL situation with centrica, and she says she is 100% sure since its on her intranet at work, centrica also recently brought AA and goldfish companies both of them done in private. I asked her about NTL as it is a shareholder company and she said its possible they just brought shares and became a major shareholder but they defenitly do own at least part of it, future changes include a NTL name change expected within 6 months and will defenitly happen within a year. Centrica have already pumped in over 200 million into NTL as well. Me and my sister think either normal NTL staff havent been told or they have been told but told to not disclose anything to the public. Take it or leave it. |
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It would have been talked about in the press or on the stock websites but nothing. My bet still stands as far as centica [british gas] goes for 6 months. I will show my butt in the trafford centre if it turns out centrica own enough of ntl to. 1 Change the name 2 Have any say in the way ntl are run . I will now leave it and wait to see if i have a cold butt in the next 6 months :LOL: |
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I'll leave it.
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I work for Centrica and can confirm this to be rubbish. I have not even so much as heard a rummer!!!!!
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I know someone who works at NTL in the R and D department - this whole Centrica deal depends on whether the companies can fit together so they're working on GAS powered cable modems. There are at least a dozen Centrica employees there right now working with NTL.
At the moment they're having serious problems with the trial due to fluctuations in broadband speeds where customers have living flame gas fires which draw too much supply away from the modem. I have it on authority that if these problems arent sorted soon then the Centrica deal is dead in the water. If everything goes to plan though, there will be a national role out of GPB (gas powered broadband) even in non cable areas meaning direct competition with BT nationally. |
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Have said it before and i will say it again this is Bovine Excreta :) |
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Centrica do have a relationship with McQuairy (sp?) who are involved in the purchase of Broadcast. Or it could be that NTL is an acronym for oNeTeL.
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http://essential/imageserver/img_brand_logo1.gif20 January 2005 http://essential/imageserver/openhelp.gif Help
Just to prove i have Internet with Centrica. I have serched and serched and found nothing :confused: |
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Well done, just the tonic I needed this morning :) :D |
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Evob Ex Centria which is probably a coded message to centrica staff or perhaps will be the name of the NTL and Centrica merged company? |
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errrmmmm ever heard of the stock market? This sort of thing has to be disclosed to the market before it can be disclosed to employees. Is English your first language ;) |
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Centrica has not pumped in over 2 million into NTL ether. Your sister is compleatly wrong. :( |
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AA sale was last July, to private VC firms. It was bought way back in 1999.
Centrica definitely have dealings with Macquarie, who also have dealings with ntl. So Centrica could be paying Macquarie for power who then use the money to pay ntl for the broadcast deal. Forget about the middle man and it looks like two deals are actually one. Centrica and ntl are both members of Otelo (Office of the United Kingdom Telecommunications Industry Ombudsman), but so are seven other major telecoms players, most of whom have deals with each other in a greater or lesser degree. Nothing out of the ordinary. Perhaps we could have a snippet of this famous intranet? |
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But your point is well made, the statement made is full of holes, and goes against the excellent reporting that the business community refer to. If such a huge investment had been made, or that blocks of shares had been purchased that would allow Centrica to take over ntl, although I'm not sure why they would want to, we would have heard about it, and the share movements of ntl would indicate such. For centrica to do this anonymously is beyond belief, as they too have answer to regulatory bodies. Although, a picture of Bill C, running through the trafford centre butt naked, or at least mooning the poor unsuspecting punters makes me almost wish that Chrysalis information was correct :) |
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I can't believe this thread still drags on.
Centrica do NOT own ntl. Period. They didn't buy the AA 'recently', they bought them many years ago and have in fact since sold them on. They did not buy Goldfish, they actually set Goldfish up from scratch. No arguments, that is the situation. Thanks. |
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Trust me you dont want to see that :) |
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P'raps we should commission Incognitas to do a wooden spoon of the month award :D
BTW, here's the OP's infamous 'brought out' thread (now locked): http://www.cableforum.co.uk/board/sh...ad.php?t=21910 |
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Well unfortently I have no access to the intranet myself either, I just forwarded what my sister told me.
Centrica are not a gas company. |
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Erm, if we are talking about the same Centrica, they were formed from British Gas.. Quote:
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Knowledge of the subject goes a long way to making sure the facts are correct :) |
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£200 million?!
Sadly that wouldn't go 'into' ntl, but into shareholder's pockets. Minor other issue of course that £200 million would do you for about 6% of ntl, which is worth considerably in excess of £3 billion. A takeover of a NASDAQ company, or even owning of any considerable sum of shares would require various market declarations to be made by bother parties. Centrica valued at £9 billion I don't think would have the stomach to spend that much on ntl, especially when ntl seem more interested in merging (takeover paid for with shares) with Telewest and making a £5 biliion cableco (various rumours about this one, a lot pointing in the same direction, which unlike this drivel I believe). HOWEVER the idea of gas powered broadband is top notch, especially after the curry I had last night, would that be considered uncapping the modem though? :scratch: |
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6 months down the line:
BG engineers arrive to dig holes for the new FTTH NTL engineers arrive to lay new HP gas mains due to the cross training they all now receive the fiasco of downed overheads, smashed utility mains multiplies proportionately. The end result is the entire city of Manchester without 'any' utilities whatsoever. A subsequent govt: investigation (funded by Centrica) reveals it was the fault of the European Airbus Consortium (not owned by Centrica) whose brand new a380 had just made a fully publicised and scheduled landing at MIA and Network Rail, whose 12:32 into Stoke from Euston arrived on schedule Bill C are you aware that the warm season is approaching and the TC air con will be considerably 'chilled' :D edit: please note that the use of the word engineers is applied from a public pov and is no way a reflection on any persons whose actual physical job (not job description) involves work of an 'engineering' type. (before I start getting red repped or slagged off) |
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Could use goose grease in the correct places :Yikes: |
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Bill C,
Just bare your butt in public, you've mentioned it twice now, you really want to do it, but waiting for someone to give you the encouragement you are seeking. :) Let us know the date and we will be there and I'm sure someone will document it for the CF archives. :D |
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Apparantly Bill C may be demonstrating one in the Trafford centre in due course and if successful he may remain there and become the first hot-spot for customers to connect to the new CenNTWest services whilst shopping. :) |
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Does that mean we can call him an Evil Twin
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I think this thread has (more than) run it's course, so unless anyone has any cast iron proof regarding Centrica/ntl, then I will be closing the thread shortly. :)
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This is the closest I've got.
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