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Originally Posted by Ignition
The definition of both ntl and Telewest at the moment:
Technology based companies owned and beholden to venture capitalists whose primary concern is as good a return as possible on their investments.
Now that Telewest's pre-bankruptcy upgrades have been pretty much used sorry to say that Telewest will be in the same kind of boat as ntl now.
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Agreed. We are dealing with Venture Capitalists where I work. They operate quite simply. You do what they demand (usually make as much money as possible). If you don't, then they pull their funding (which in the case of NTL is in the order of Billions) and you have to pay them back. If that happens, bye bye company.