This is from the press release of the original agreement.
http://www.secinfo.com/dsVsj.6tj.d.htm
Quote:
NTL expects to invest approximately 15 million pounds sterling to upgrade the
networks for digital cable, interactive services and high speed Internet access.
In addition, NTL will pay BT 5 million pounds sterling on closing and up to 14
million pounds sterling on completion of the upgrade of the Westminster network.
Thereafter, NTL will lease the networks from BT on a long term basis for an
annual lease payment of approximately 3.9 million pounds sterling.
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It is dated July 1999, I think it is just before ntl had to file for bankruptcy protection which may explain why it never happened