[Chrysalis]

I will put it to you this way. If ntl dont do any kind of "major" investment in their network and expanding their footprint they will have problems in the next few decades. Their current network only has a limited life and as someone else said they not taking advantages of new housing estates, the cost when cabling those is vastly reduced because half of the costs are gone with the housing developers laying their own stuff.

Ntl do have the money if needed but the shareholders chose not to do it, I think that would be more accurate.