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Originally Posted by Okonski
Am I alonw in thinking the involvement of 'financial' backers is the thin endof the wedge? They're only in it for the profit margin, ans have no expertise in the industry. It's a diloution of interest, and for me is a worrying trend as it means the firm is ineffectively run by the lowest-tender subsontractor, leaving those that pay for it all - the customer - with a low quality service.
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ntl has been run by "financial backers" since they came out of chapter 11 bankrupcy protection. Running maintanance and costs have been cut to the bone to meet targets set by these people.
I dont see any difference with the merged company, if anything both companies will be able to reduce costs as they pool resouces and shed further jobs in the future to meet targets.