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Old 07-02-2005, 12:51   #136
th'engineer
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Re: ntl budget cutbacks

Quote:
Originally Posted by Ignition
Interesting times ahead then, any ntl/Telewest merger will be funded almost exclusively on venture capitalists who bought bonds in expectation of taking control of the company. As I stated elsewhere at some point said VCs are going to want to cash in so I imagine the two will merge and be made more 'efficient' and cash generating then sold to highest bidder.
I think thats a very good point, taking into account the considerable skills that telewest have in networks. Iit will be very good for NTL getting the people with the network skills they require from excellence of Telewest
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