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Old 04-03-2007, 18:25   #39
Hugh
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Join Date: Jun 2006
Age: 69
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Re: Only 100 Customers/Day Leaving VM

vms, you missed a bit out......

"OCF in the fourth quarter has been negatively impacted by £19.1m of implementation costs relating to the merger with Telewest (Q3-06: £14.2m), £5.0m of rebrand expenses (Q3-06: £0m) and £2.3m of legal and professional costs related to M&A activity (Q3-06: £0m)."

So that would be another £26.4m of profits that were offset as merger costs.

ps - love your caveat at the bottom of your web page -
"Note to lawyers: I am very well aware of WIPO regulations and trademark laws so please don't send any pointless threatening letters."
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