Quote:
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The first quarter increase in profitability is particularly encouraging since it occurred at the same time as we continued to invest in initiatives to drive additional revenue growth and margin expansion in 2005 and beyond. These initiatives include upgrading 545,000 homes served by our London network, thereby enhancing our broadband and television capability;
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that is from the ntl press release
HERE
so ntl will be upgrading London THIS year...because ntl wants the improvements by 2005 and beyond...
so it's very good news for Londonites.