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Originally Posted by Chrysalis
Her discount is a STAFF discount.
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When I worked for my local hospital, I got a staff discount at the local leisure centres. Didn't mean that the NHS trust was running the leisure centres. Even now, I can apparently get a staff discount at David Lloyd leisure centres. Doesn't mean the Uni I work at own David Lloyd..
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NTL recieved investment this year on its network, supposedbly from refinancing itself, but you dont go from near bankruptcy to super rich in such a short time period this money has came from someone else.
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Actually, NTL was refinanced in around 2001 to 2002. IIRC, the money came from Venture Capitalists and large city banks, and NTL spent several years rationalising costs and trying to sell more services to existing customers rather than going after new customers (to maximise their return per customer). Maybe we are seeing the payoff from those savings, together with the staff redundancies?
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The attitude of the people in the know suggests they know something but they cant say.
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The thing is, a sale of this size would be impossible to hide. As has been stated, at the very least, NTL's shareholders would have had to have voted on it, therefore it would have been mentioned in at least the Financial times, if not the rest of the press.
I am not saying it's not possible, but I doubt it would have happened as quietly as you are saying it has.