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Re: ntl plans £475m share buy back
ahaa I see now so its like this?
NTL pay COBI to do out of hours maintenance upgrades etc.
COBI got paid up front for this work.
COBI underbilled NTL for this work.
COBI have now had to cut back because of this mistake.
NTL have spent money on other things that would have been spent on COBI if they were not underbilled.
Is this accurate?
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