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Old 20-01-2005, 18:51   #27
Ignition
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Join Date: Jun 2003
Location: South-East London
Age: 47
Services: Depends who's being serviced :p
Posts: 2,588
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Re: centrica feedback concerning NTL

£200 million?!

Sadly that wouldn't go 'into' ntl, but into shareholder's pockets. Minor other issue of course that £200 million would do you for about 6% of ntl, which is worth considerably in excess of £3 billion.

A takeover of a NASDAQ company, or even owning of any considerable sum of shares would require various market declarations to be made by bother parties. Centrica valued at £9 billion I don't think would have the stomach to spend that much on ntl, especially when ntl seem more interested in merging (takeover paid for with shares) with Telewest and making a £5 biliion cableco (various rumours about this one, a lot pointing in the same direction, which unlike this drivel I believe).

HOWEVER the idea of gas powered broadband is top notch, especially after the curry I had last night, would that be considered uncapping the modem though?
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