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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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Yes, it came from Huff Associates - one of the Huffs owns 13% via his own company and his friends own most of the rest, the same as Telewest. If Centrica want to put some money in, fine, but they'll have to go along with what the Huffs say, same as everyone else in ntl these days. They've payed the piper, and they're calling the tune.
The clincher for me that this is tosh is that I cannot understand why a deal would be so secret that no business journalist would have heard of it, yet ordinary staff at British Gas not only know but are free to talk about it. Doesn't add up.