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OK so NTL has about 13,700 ees (page 34 2002 annual report)
Say each has
Family pack £10
Phone and Base £18
600k BB £25 (or Movies and 150k or other additonal services)
Total £53 / 2 therefore the perk is a hit on revenue of £26.50 / month £318 a year
Total £4.3M (of potential extra revenue)
Total £4.3M (of subsidies to ees)
Revenue for the year was $2074M (say £3318M)
1.3% of revenue.
But as others have said taking away this perk would probably result in pay increases, and then give staff no tie in to the product, many could switch to using sky / bt whilst being on net, losing the company revenue.
seems like a good idea to have this perk to me.
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