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ntl budget cutbacks
For Sale - One Communications Company (ntl)
Good Runner - Good Network - Good Staff - Very good Products Requires the following; Major overhaul of upper and middle managment (most need sacking !) Staff require tlc, and being showed they are valued by the company Has been poorly run for a number of years but still shows an operating profit! This could be your chance to own the No1 communication company in the UK. PS: Time is running out, the company is about to go bust! |
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erm wrong forum area - this should be in the FOR SALE or (UN)WANTED area!
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Yeah like the cost?
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:notopic: womble, do you have that bike, the one in your avatar, as a large jpeg file ?
ik |
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anyone fancy a tear up?? come on its theraputic!! :) |
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what the company lacks is the balls to admit the new system ie harmony has caused major hart ache for customers and staff alike sky have been the benifactors of this. The rot set in when the shareholders
wanted a quick kill get as many on and take the money and run. |
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How much is post and packaging ?
And do we get all the green street boxes too ? |
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I guess Womble has been in a meeting this week! I think this was specifically aimed at network upgrades and resegs etc, the guy telling me said it was amazing that they are cutting costs at a time when they are launching vod etc. All service affecting changes have to be carried out on an out-of hours basis, and this is as always caused a big impact on overtime pay. (Although I understood they were tricking the vendor into paying most of this ;) ) Also they are looking at wroking practices in the region/regions, and the minimum amount of cover they can get away with out of hours. He said it looks like they are going to change things back to how they were before they messed about with them. I have told you all before, there is a big financial problem with ntl. There is absolutely zero money available, and after they have cut staff to the bone redundancies are not a big saver anymore. I have exchanged a few PM's with one employee and told him of a department that will be hit before the end of this year, it looks very likely that support functions carried out by the most skilled employees ntl have will come under attack. It also looks like this time around jobs will not be created to keep people. It was also rumoured that many of the administrative posts created after the big re-shuffle will also come under scrutiny, this is a sad shame for the people affected if this is true but there is a big question mark over why so many admin posts were created after the big re-shuffle. ntl is in big bother, the shareholders have tried to cut corners and make a quick buck. A few employees have been taken in by their actions, but at last it looks like their plans are breaking at the seams. ntl's problems were not just financial before they went into chapter 11, they were just as much about how the company operates. Making people redundant and then creating new "jobs for the boys" will hopefully not happen this time around. |
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All-We are currently preparing a news item regarding today's situation, & will post it up as soon as we possibly can. :)
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thought you would buy it neil :D or is it the AA thats buying it
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Has anyone else in ntl heard that the latest redundancies were because the shareholders wouldn't release any of the money from the broadcast sale to pay for the police contract c**k-up?
Apparently the shareholders told the directors, it's your problem you sort it out! I am also wondering now what security arrangements ntl are making to guard the headends that were remotely monitored by cctv from broadcast buildings, ntl home got rid of all the securty guards to improve (cough cough) the security arrangements. I just exchanged PM's with someone here and told him about an incident that happened over the christmas, I didn't post it before because I would of only got accused of lying as I did with a similar incident a while ago by a bum kissing ntl employee. A node went off service after 8pm on christmas eve, and the fault was not arttended until the following bank holiday monday. The reason for the lack of suitable call-out cover was cost saving, the management were made aware that this sort of thing could happen and they decided to take a gamble by not providing suitable cover. It all looks like levels of service will be going downhill sharply. :shocked: |
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'Due to yet more budget cutbacks (they had more money than this while bankrupt!) the managers of ntl in their infinite wisdom ( :rolleyes: ) are cutting back on various things in an attempt to save more cash.
Mark my words-these things will be detrimental to your service, but the bean counters in charge really couldn't give a toss. These masterful steps are.... Quote:
The monkeys responsible for coming up with these masterful plans to enhance the balance sheet *cough* sorry-your service, have of course been promoted to a major position where they can make even more of an impact on your experience as a mug *cough* sorry-customer. "Thanks for choosing ntl, best hope your BB / telephone doesn't break at 5:01PM on a Friday..." Good luck...... |
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Only Telco cabinets generally have battery back-up, the battery back-up UPS project was shelved a number of years ago. That means only a small number of CATV cabinets have battery back-up at present. To make that clearer....Cable Modems are carried on the "CATV" network, so not attending CATV outages means your "always on" cable modem, will in fact be off until the next day for something as simple as a mains surge causing the trip to cut out, all for teh sake of sending an on-call tech out to reset the trip at the cabinet! Service will be very much affected by these service level cuts, that are a direct result of understaffing due to the recent redundancies. |
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I know my cab has no batery backup its already had downtime due to power failure...........
Maybe we should have a vote on if the customers have any faith that the NTL management. Has the customers rights to the level of service they pay for being devalued at the expence of managment jobs. With the number of staff made redundant over the last 12 months NTL must have more managers than they need so perhaps we should see redundancies in managment posts only now. |
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There is another down downside of leaving the CATV off for the night is, once the amps go cold it might not be that easy to restart them in the morning! They are on 24/7/365, then all of a sudden they are goning to be without power for the night, they will cool down, maybe a tiny bit of moisture will get in....and bang.
Another well thought out plan by the monkeys, I mean managment (calling them managment is a bit 1984 new speak-ish, as they couldn't manage a **** in a brothel!) The other downside is my porn downloads won't be finished overnight :Yikes: |
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I have just been informed that South Wales will only have 3 on call technicians at any one time, to cover all services. ie: Telco, CATV and Broadband.
They will be covering an area stretching from Cwmbran, Newport, Cardiff, Penarth, Barry, Treforest and all the Swansea areas. :disturbd: For those who know the area they can conform it's a big one! This is for financial reasons, and the number of network technicians they now have after the latest redundancies means they would struggle to up the callout cover without employing. :rolleyes: |
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To quote the Doors.............
This is the end Beautiful friend This is the end My only friend, the end Of our elaborate plans, the end Of everything that stands, the end No safety or surprise, the end http://www.lyricsdomain.com/4/doors/the_end.html |
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Looks like we are all going to have to become NTL engineers ourselves then and repair NTL boxes and sort all problems ourselves at this rate.
I wonder what this spells for the speed upgrades planned. Will they go ahead.? :erm: |
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*No preventative maintenance*
Great plan. Didn't the railways have a similar plan a few years ago. *Power Outages will be attended until 11pm, then cab will have to run on batteries until 8am.* So, can we sue for negligence if the batteries give out & those 999 calls don't go through? |
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will it cost them more in refunds for loss of service and customers getting fed up and canceling services than the amount they may save with this mad idea.
I thinks kits may be right about managers, pretty soon the only people they will be managing will be themselves. (wonder who'll get the blame then) ;) |
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Sian |
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So let me see. They cut call centers to improve customer service. They reduce the hours those call centres are open to improve customer service They cut Engineers to improve customer service. They do No Preventative Maintenance to improve customer service. They reduce the amount of hours they spend fixing faults to improve customer service. If these are not the actions of a company on its last legs i dont know what are. What next Reminds me of the information Minister for Baghdad when the yanks where all around him and he said everything is OK |
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The truth is they have never been out of it, my friends say they are still wasting money in other areas. They are not actually saving a lot of money by cutting back on the amount of techs on network call, but on the other hand the redundancies mean they are unable to offer a higher level of cover anyway. One of my contacts said they are still sending non esssential network spares out from the central stores by courier for next day delivery, even if the item is just to replenish stock levels in the region. I never thought morale could get any lower when I left over 3 years ago, but the treatment of network technicians is now disgusting, I am sure the problem will get worse as more leave on their own decision. I also heard yesterday that another one in South Wales has found another job and put his notice in, thats on top of the ones already highlighted for redundancy. I was told they are not going to change their minds and keep one of the guys being made redundant or employ a replacement. They do not care in the slightest how many people leave. Crazy :confused: |
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Time to give the share holders a feeling of the customer revolt. Lets start finding ways to get our information over to these people that we have taken enough from the present managment and wish to have some sort of customer focuses management as if the customers go then they have a company worth nothing.
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so does this mean the speed increases to 100mb are going to be put on hold?
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The shareholders appear to have one interest "making a quick buck" The shareholders have done nothing but encourage cutting costs by making people redundant, outsourcing, cutting maintenance and cutting service levels. The shareholders know exactly whats going on, it would highlight the way customers feel but would certainly not tell them anything about whats going on, as they are part of it. |
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Like Frank said to me not that long ago.... By the time ntl have realised that their market is getting smarter and using the Internet to communicate like never before, it will be too late. |
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Edited to add a link if the mods are unhappy with the link please remove it. http://www.ispreview.co.uk/talk/show...078#post137078 |
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Well, he's probably right - however if everyone from here, everyone who reads ispreview, everyone who reads el reg (Anyone tipped them off yet?) and everyone who reads digital spy, or BBC Online (again, if they get tipped off) started asking questions, that smile may flicker... This is stunningly bad management - sticking plaster over something that a sticking plaster wouldn't fit... Actually, he's definately right - a large amount of people on here *HAVE* Left NTL, and they're doing alright... um... ah... praps not, then, eh? |
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I said it before the shareholders are to blame for all this crap we put up with, they are very very powerful, but I think the customers CAN be more powerful if they pull together on this in large numbers. What we have witnessed here is greed take over the well been of the company's employees and the quality of service for customers. Where are the ntl defenders now? they are hidden away ashamed.
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Well I know that el reg are aware. ;)
Makes me glad I left them last year. Not the luckiest escape though, a mate of mine was offered a Job with NTL something to do with technical support. They were dicussing a part of the renumeration when the job offer was pulled due to budget cuts*. I posted him this link earlier and he was a lot happier about the fact that it'd fallen through (he hates his current job and was well up for escaping) Scarlett. * cuts I say, nay. No budget all of a sudden... This has obviously been been brewing for some time. |
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this sounds like a restructuring exercise to me ready for a possible merger or buy out.
a certain leading uk diy chain i work for is doing exactly the same, cutting everything to the bone. of course this could all be b*%$$$$ s and NTL could be going down for the third time so to speak. i've never had a problem with NTL, if they are going to the wall it will be a shame, although i have to say that i have seen companies talked out of existence before, as rumours are leaked throughout its customer base, and NTL seems to leak more than most lol NTL could be genuinely trying to re structure, if this is the case then we are not helping them by being the harbingers of doom. i just cant see them going down after all the current activity they have gone through ie the speed upgrade's telewest and the sell of in the states?? i hope they come through this cos i love cable broadband, adsl is just over subscribed and so last century. thank you for enjoying my annual post. see you all again next year (i wonder who i'll be with then isp wise??) salem |
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http://www.bt.com/customerservices/c...=our_guarantee Please tell me where ntl's is (I'll save you the job-they don't have one, & you certainly have to beg ntl to get any form of refund/compensation) [Edit]-Sorry-totally mis-read what you posted! :dunce: We're both saying the same thing....:blush: |
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I've been passed this from an annonymous source....
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There's a job going as "Head of Network Evolution".....:erm:
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Thanks for backing me up with some written evidence. |
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Haha - The "Salary" line is left blank ;)
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Today BT announce they are reducing broadband wholesale charges and increasing speeds where possible. More pressure on NTL while NTL are cutting costs like mad.
oh dear! |
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I wouldn't get too carried away with what seems at first glance to be the death knell for NTL. Don't forget that the bondholders have an immense amount of finance invested in the company and will not sit calmly back and watch it all go down the drain. NTLI shares are trading at just under $69 and rising. Reuters give it a very low risk grade http://investing.reuters.co.uk/Stock...boutRiskGrades
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Shareholders wont give a rats ass if ntl go down (the major ones who are rich) like all failing companies they will pull out just before it crashes leaving it without a spine. Out of interest say someone who owns 10% of ntl how much would they have pocketed from that division NTL sold recently?
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ntl is still generating very good revenues. It would appear that there have been 2 cock ups recently that have had 2 impacts. 1. the Met Police Contract = current redundancy program 2. field operations reporting = current overtime ban The company is trying to save as much cash as possible because of the above. Which is prudent so that they "don't" end up the financial creek. |
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Nice to know someone is getting minted while the rest of us get well and truly screwed!!!!!!!!!
INSIDER & RULE 144 TRANSACTIONS REPORTED - LAST TWO YEARS Date Insider Shares Transaction Value* 18-Jan-05 MOONEY. 4,166 Auto Sale at $66.87 - $67.55 per share. 280,0002 18-Jan-05 MOONEY 4,166 Plan Sale 279,8021 31-Dec-04 MOONEY 15,000 Option Exercise at $15 per share. 225,000 31-Dec-04 MOONEY 31,667 Sale at $72.72 - $73.35 per share. 2,313,0002 31-Dec-04 MOONEY 31,667 Plan Sale 2,313,9071 3-Dec-04 KERREST 4,000 Acquisition at $71.36 per share. 285,440 15-Oct-04 MOONEY 4,167 AutoSale at $62.25 - $62.35 per share 260,0002 30-Sep-04 MOONEY 15,000 PlanSale 2,363,4991 30-Sep-04 MOONEY 15,000 Option Exercise at $15 per share. $225,000 30-Sep-04 MOONEY 35,932 AutoSale at $61.46 - $62 per share. $2,218,0002 30-Sep-04 MOONEY 2,400 AutoSale at $62.04 - $62.2 per share. $149,0002 http://uk.finance.yahoo.com/q/it?s=NTLI Using my limited maths! he has binned $9,998,7533, nearly 10 million :Yikes: |
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Alan :) |
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A couple of words to sum up ntl,
Its a technical company run by sales people. Hope that makes sense. |
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The met police contract was obviously a big c**k-up, that's nothing new in ntl, more projects were wrong than right with the biggest offenders being the business department. ntl always employed plenty of "project management" types, and not enough people who actually knew how all the nuts and bolts went together. I think the big difference now and a few years ago is money, ntl used to get into deep trouble on contracts and they would always use the one card they had up their sleeves when things went wrong. "Throw money at it" and "Give it the customer for free because we have made such a big hash of it" The good skilled engineer type employees were always thin on the ground in ntl, I noticed most started leaving from corporate positions around 1998-1999, we saw the same happen in our region with some very good guys walking away. When things get bad the first to go are the ones who can find a better job, and the company is left with the unemployable ones. I do not generalise with that statement because ntl obviously has some good engineers still working for them, but the overall standard of skills compared to 5-6 years ago is definately lower due to people leaving and lower qualified and skilled people moving up to take their place. The field operation situation is only the tip of the iceberg, those departments have been treated very badly for a number of years. They have undergone changes to working hours and practices and some I know have even been threatened with the sack if they question for example "why they are paid a few grand less than anyone else in the deaprtment" The latest redundancies in my old region of Wales, has meant they are able to get rid of 2 guys that have been off long term sick and were quite frankly long overdue for disposal, but they have also lost another 2 that have taken exeption to the latest shafting and gone out to find themselves another job. Unfortunately for ntl as a company and it's customers, the 2 guys who have decided that ntl can stick their job where the sun doesn't shine are 2 of the best employees I have had the pleasure of working with on occassions. one guy was always very keen and very intelligent, his father was even an ntl manager and he had enough a while back and decided it was time to get out of the sorry place. The other guy had been with ntl from about 94-95, and was a very hard working guy. I understand he has left due to problems similar to my own when at ntl, he just had no work to do! To correct that, there was plenty of valuable work for him to carry out but no budget for it to be done. I understand he has left because he doesn't want to carry on sitting on his backside taking the money every month whilst waiting for a bit of work to come his way. Money problems aside, ntl is in one big hell of a mess :disturbd: |
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Just as a mental exercise - If ntl went belly up what do you think would happen?
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Business customers wouldn't be affected a great deal, ntl has lost a lot of large customers and there would be no security/defense problems because the likes of ntl and telewest are not trusted with carrying traffic for the critical national infrastructure. |
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I disagree it would be very bad for customers.
1 - Some have no ADSL in area and would lsoe their only option of broadband. 2 - Some cannot have sat dishes on property for various reasons and lose option for extra channels. 3 - Reduced competition making both BT and SKY get a nice present. |
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What goes round comes around, & all those idiots at the top must be feeling really proud of themselves now....:rolleyes: |
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God help us...
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Neil you do not sound harsh at all, The realty of it all is starting to sink in even with the employees that have defended NTL before now. This can be seen by how much of the bad news leaks out,This in the hope that something can be done to halt the tide of destruction being heaped on the company by managers that could not sort out a ****up in a brewery. I for one have had enough. |
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A lot of the truely 'critical' stuff, however, goes nowhere near NTL or TW. They wouldn't be touched with a barge poll (and rightly so). Even 999 calls and management for NTL and TW is outsourced via Cable and Wireless. |
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Sadly, every place I've worked at so far has had the same sales-oriented culture. :( |
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If NTL went completely bellyup, and was banned from trading, it's assets would be sold off - and that inclused the significant infrastructre that currently exists.
Another company would come in and there would be a cable service again - however it would be a whole new set of people... which might at first seem a good idea, but there would be no experience so we'd pretty much be back at square one. I would also note the timing of this - it's february, there's only a couple of months till the new financial year - chances are they're just cutting back expenditure for the rest of the financial year, so they can go into new budgets in april... |
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I would imagine that NTL have contingency plans to cover the potential loss of telephony services whilst the situation is sorted out.
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Let's not forget, though: NTL's aim, make money. Planning for shutdown? Not so much. I worked in Telewest provisioning for 18 months, and I can state for certain they had 0 plans in case of company closure (for telephony customers, PSTN network etc). |
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I worked in the news industry for many years and took part in many contingency planning meetings at the time of Eddie Shah coming on the scene and News International moving to Wapping. These meetings were highly secret and the plans only known to senior management. Many companies have contingency plans that are known to only a few because of the sensitive nature of them, particularly if unions are a factor. |
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Of course, higher up the tree there probably was thought put into it years ago. Could they actually action anything nowdays? Erm. |
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I take it that the batteries in the cabs are constantly charged & should be replaced at regular intervals?
So it won't take long, given that there will be no more maintenence before they go belly up & don't get replaced. And then there will be no emergency services in a power cut etc. What do BT cabs do about this? |
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BT have a different system to ntl, ntl have local multiplexers and their telephony system is fibre to the node. BT's cabinets are all line powered so no need for battery backup apart from a UPS at the exchange.
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still no answer to the question re speed upgrades... ie. will these cut backs put back the upgrade to 100mb? :confused:
it's a friday afternoon so it's the usual time NTL slips out some bad news. ;) |
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Ntl have about 100 local voice switches nationally, BT probably have that many in London alone! Ntl does carry traffic for Orange & Vodafone and ironically will also soon be routing some o2 traffic too. (seeing that o2 was once Cellnet and owned by BT! I know whose network I would trust more, oh well I expect they'll learn the hard way like the rest of us!). It's true that 999 calls etc are still outsourced to C&W in the old CWC areas but in "old" Ntl areas it's done by BT. :D |
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ntl's core SDH network which Orange and Vodafone would be travelling along is superb.
Shame the same TLC, manpower and funding isn't given to the local HFC networks. |
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Their gross profit is in the region of 60% to 70% of revenue. Their problem is the amount of debt this profit has to service. The debt arose partly in building the network, but mainly in taking over over companies. Last time they went bankrupt the debt was reduced, but it is still very substantial for the company. However, whilst their gross margins are so high, the business will continue. __________________ Quote:
Firstly, if it is a short term accounting issue, then presumably it will be reversed in the next accounting period; but secondly, as it appears that COBI is being run at arms length from ntlhome, should there not be a minimum service level agreement in place? If COBI can decide exactly what level of service they provide, then why do they provide any service at all? It seems to me that there is more to this than the explanation provided. |
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