They'll both be the same company soon anyway.
NTL have Debts of over $20 Billion (thats more than twice that of Enron when it collapsed)... and are over the moon that last year their Loss was only £0.5 Billion (an improvenment of 79%)
Microsoft and Liberty (who own over 48% of Telewest between them) are just waiting for the right time, i'm sure, to pick up 1,000,000 customers and a connected network at a knock down price
They are only about £5.2bn in debt, and recently announced they were "Restructuring" to wipe out 2/3 of that debt..... shame if your a shareholder, coz you get screwed by that
When NTL bought out the Cable operations of a larger company CWC (UK part of Cable & Wireless), it took on more than it could handle, and was at one point having to borrow money just to pay the interest on the Debt it got into.
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