Its beginning to feel like London Buses - you wait for one announcement and
then several come at once.
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NTL is to embark on the most significant expansion of its network since it
acquired CWC, Cable and Wireless's UK cable assets, in May 2000.
The cable operator is to invest between £55m and £65m in "local loop
unbundling", a process that will enable it to offer broadband and video
services to homes using BT Group's last-mile copper wire connections to
households.
Under the initiative, NTL will install its equipment in up to 300 of BT's
most heavily used telephone exchanges, extending its reach to 10m UK
households. NTL services are currently available in 8m homes in the UK.
NTL said it receives 170,000 inquiries every three months from potential
customers outside the coverage area of its network. This latest investment
in LLU will enable it to service more of these customers.
The cable operator said its new roll out plan would take up to two years but
that its first 50 exchanges were likely to go live in the first quarter of
next year.
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From
http://biz.yahoo.com/ft/040920/dfba2...e2511c8_1.html
which has taken it from the FT.
Regards
Sunil
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