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Originally Posted by Paul M
The two are unrelated. The money to do this is coming from the 1.2 billion or so that they got for selling "broadcast". This obviously leaves over 700 million that could be used for other stuff if they wanted.
The money involved in the repairs / overtime saga is a mere fraction of a percent of the above amounts and there is no real connection between them (I'm sure the explanation for the cutbacks was given elsewhere - as an accounting type cockup).
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Yep, If Russ d's anonymous source is correct (
http://www.cableforum.co.uk/board/sh...1&postcount=50), COBI (COBI manage the contracts for the regional engineers) did not bill NTL the full amount for some early projects (due to not having correct procedures for billing set up in time), and have therefore run out of money. NTL in the meantime have spent the extra money they would have spent with COBI on other projects and will not bail COBI out.