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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Maya who wrote (49260)	5/8/2000 9:11:00 AM
From: Lane Weatherly	Read Replies (2) \| Respond to of 50808

If we raised 1.14B in the deal...why do we need to raise another 40M to pay the taxes? Or is that in essence what happened when they got the 1.14B? What are they planning with the 1.14B? Now I'm really confused? Please no comments on that last statement?

To: Maya who wrote (49260)	5/8/2000 10:04:00 PM
From: John Rieman	Read Replies (1) \| Respond to of 50808

NTL finally launches................................... variety.com Britain's NTL launches digital cable platform Delayed offer includes TV, 'Net access By ERICH BOEHM, May 8, 2000 LONDON ? NTL has finally launched its digital cable platform, NTL Digital Plus, combining TV, interactive TV, telephony and free Internet access. The U.K.?s top cabler had planned to enter Britain?s booming digital market last fall but was delayed, in part due to its $13 billion acquisition of the TV business of Cable & Wireless Communications. Digital Plus will first roll out in Scotland, Northern Ireland and Wales. NTL ? which with CWC has a subscriber base of 4.4 million homes in analog ? expects to have at least 300,000 digital customers by Christmas. The company?s basic TV package is priced at œ13.00 ($20.00) per month. NTL argues ? given the non-TV extras ? that this trumps the deals offered by satcaster BSkyB and digital terrestrial rival ONdigital. For the price, subs receive 14 channels, including the free terrestrials, and access to Front Row, the pay-per-view movie service NTL co-owns with Telewest, the U.K.?s other cabler. From there, customers can pay extra for themed channel packs and stand alone premium channels. NTL chief exec Barclay Knapp, unveiling the eventual 200-channel platform at a press conference, said NTL ?was now the only credible challenger to British Telecom and BSkyB.? Knapp also confirmed that he was ? at the table? for the TV rights to English Premier League soccer, currently held by BSkyB. But while acquiring sports programming is a priority, Knapp said he did not consider the Premier League a must have. Another programming possibility would be setting up a niche pay movie channel along the line of Sundance or Encore. Knapp added that the ever-acquisitive NTL is looking for further takeover opportunities, in particular cable operators in northern Europe.