NTL may sell NTL Ireland
 

see link for full story

http://www.theregister.co.uk/2005/01..._sale_rumours/

Re: NTL may sell NTL Ireland
 

Selling it would not make any sense unless it is something to do with the merger with T/w.

Re: NTL may sell NTL Ireland
 

Why not? It's totally (opertaionally and financially) seperate from the rest of the UK company anyway... Makes sense to me either way :shrug:

Re: NTL may sell NTL Ireland
 

*cue Escapee horror story about the shoddiness of NTL Ireland's operations* ;)

Re: NTL may sell NTL Ireland
 

Why not exactly?

Re: NTL may sell NTL Ireland
 

You may laugh!!!

But to be honest I dont think it fits in with the rest of their operation, it's a build technology ntl have always struggled to understand. I know they had big problems with the re-build out there, and were asking at one time of any of the old cable TV guys ie: Rediffusion were interested in going out to show them how it should be done, I understand they didn't have anyone who knew how to make off strain wires and string cables between poles correctly.

There were a lot of problems because the contarctors were not used to working on overhead systems, and the few ntl guys that I knew from elsewhere in the company that went out to work on the system had no experience of overhead as they had only worked on building systems for ntl.

I think it's the right decision to sell in their situation, an experienced company could probably operate it and make a decent profit.

PS: I'm not certain what the current situation is with the BT systems that ntl bought about 5 years ago, I know they were a headache and it wouldn't suprise me if they wanted to offload them as well.

Re: NTL may sell NTL Ireland
 

Probably.

Selling Broadcast and now ntl:Eire. it would appear to be that ntl are boosting their balance sheet. This is generally done when wanting to chase investment or to sell the company. I don't believe the current board want to sell so I can only assume that a healthy balance sheet is required for the merger with Telewest, once the companies merge and they have a heathly amount of cash in the bank they can then attract investment into the new company.

Also, ntl have scrapped something in the region of 100 projects that were planned or ongoing for 2005. Again not spending money to boost the balance sheet.

Re: NTL may sell NTL Ireland
 

Yes I had heard a lot of projects had been scrapped, including some that were put on hold and considered fairly urgent a few years ago. The ups project and transponders for nodes went very quiet before I left, also the proposed "flexi" lead replacement project. The company supplying the flexi-leads for the connection between amplifiers and hardline coax screwed up big time. The assembly had a heatshrink over the connector, and it was found that many of them had been heatshrunk without the connector being torqued together. A fair number of return path ingress was traced to this problem, and the supplier re-supplied ntl with a complete set (thousands) and I think some compensation towards labour for replacement.

I guess those items are still in one of the stores somewhere, it was proposed that they were replaced when the ups and transponder project was planneed to be done.

I did also hear that a launch amplier project for headends and hubsites in one area has been scrapped as well, so it does look like they are watching the pennies.

Re: NTL may sell NTL Ireland
 

y

Re: NTL may sell NTL Ireland
 

Not a very good first post, care to elaborate?

Re: NTL may sell NTL Ireland
 

They are rumoured to be announcing further disposals tomorrow :(

Re: NTL may sell NTL Ireland
 

That's right, there's a big announcement today regarding COBI, which is the operations side of ntl:Home.

Redundancies are expected.

Re: NTL may sell NTL Ireland
 

Looks like it's a done deal. article

Re: NTL may sell NTL Ireland
 

And it's gone....

http://breakingnews.iol.ie/news/stor...08&p=y4z4489y4

Re: NTL may sell NTL Ireland
 

Money in the bank to finance a certain iminent business transaction.