Quote:
Originally Posted by m419
They tried to take over Telewest, when Telewest wouldn't give in, the sold up to NTL, that's one of the reasons they were so fast to sell One2One so that Cable and Wireless could takeover Telewest.
I'm still amazed that NTL was able to get away with borrowing so much money and doing agressive takeovers when they didn't have a penny, that's why the Cable industry has never done well(compared to satellite tv), too many takeovers and change of ownership as well as borrowing too much money.
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They should have merged to form one company in the late-80s, not in 2006. Then it would have competed better than Sky/BSB/BSkyB/BT. The UK just was not big enough to sustain serveral cable companies!
---------- Post added at 08:44 ---------- Previous post was at 08:42 ----------
Quote:
Originally Posted by m419
Oh of course. However, most of the American/Canadian companies like Videotron had the money to build a cable network in the areas it was awarded a licence. However, various companies bought each other usually on borrowed money. And rather than focusing on Content and Customer Care, they focused too much on buying each other out. Telewest out of all of them was probably the best at what it did in terms of investing in tv content,product development and customer care. NTL was a big flop at being a content provider most likely because of the debts and at the time many franchises were still analogue and in the digital areas, there was no Video on demand.
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Remember, they were the ones that lanuched TVDrive (Now V+)!
---------- Post added at 08:44 ---------- Previous post was at 08:44 ----------
Quote:
Originally Posted by m419
I just see it as complete madness, NTL and Telewest should have stayed as they were, just NTL running everything whilst paying a big tax to Virgin for the use of the brand name
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Do you suggest that VM should rename itself?