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Originally Posted by Defiant
Did they now. So you think NTL spend 13+ billion on the network. Well thats what they paid over stretching themselve's buying up anything that moved. They also paid over the odd's for some of them ie the C&W area but thats not the customers fault is it. Its the MD's fault and incase you haven't worked it out yet I'm extracting the unrine here because we all know it wasn't 13 billion on the network !
BAD MANAGEMENT
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Not interested in going there. Whatever happened at that time re: overpaying etc, Telewest and pretty much every other telecomms company were every bit as guilty. Had Sky not gotten such a large market share on premium TV situation would be very very much different right now, a gamble was taken, didn't work as planned. Have a look at the 3G debacle across Europe for copious evidence of the .com bubble bursting.
Before the C+W acquisition ntl were the #3 cable company behind C+W and Telewest. TW were offering an almost identical sum to ntl, and had ntl not paid that bit extra in cash, without a crystal ball who are you or I to say where things would be now?
Of course not 100% of that money was network, minor details like support staff, administration, etc to maintain network and customer base would come into it, little unnecessary things like that. However as these came with the network components and can't really be seperated think I'm quite justified in describing 13 billion as being spent building the network.