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Old 05-02-2005, 14:25   #108
Escapee
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Re: ntl budget cutbacks

Quote:
Originally Posted by injuneer
I think Broadcast or National Transcommunications Ltd as they are now to be called in the interim (Funny, don't those initials spell NTL?) are contracted to do maintenance for Ntl for 2 years as part of the sale agreement.
National Transcommunication LTD is what they were called when CableTel bought them in the late 90's.

The whole thing kicked off when Ocom Communications came over here in the early-mid 90's looking to start up a Mobile telephone network, they had missed the boat but decided these new cable franchise licences looked like a good bet. They formed a company called International CableTel, they actually had a holding company and lots of regional CableTel companies, after a few years they bought NTL (note capitols) National Transcommunications LTD. The NTL company was the old Home office, IBA etc that was privatised by Maggie in the 80's, around 84-85 as far as I remember.

They used NTL on the company acrs and vans but later changed the NTL for home/residential to ntl, they probably paid a consultant a few hundred thousand to come up with that one, then the rest is history. I remember a thread running on another site where an ntl employee reckoned ntl didn't stand for anything! We all know different though.

I guess the NTL ie: National Transcommunications LTD is still a limited company operating under the ntl umberella, and thats how they will sell it off. With the old cable franchises, the franchise was not transferrable to another company, and thats why they were cautious and had them all as seperate limited companies operating under a holding company.

Sorry if I have bored anyone.
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