NTL Incorporated
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NTL Incorporated
NTL Incorporated, branded as ntl:, was a United States-listed British company founded in 1992, which provided cable television, cable internet and fixed-line cable telephone services. While NTL had its headquarters in New York City, the company's activities focused heavily on the United Kingdom, with operational headquarters in Hook, Hampshire. NTL became the dominant cable operator in the United Kingdom, controlling more than 90% of the market. In 2005 residential services generated 78% of NTL's revenue, and business services 22%. In March 2006, NTL merged with fellow cable telecom company Telewest, and created 'NTL:Telewest', which then also merged with Virgin Mobile UK and Virgin.net in June 2006, creating the UK's first " quadruple play" telecom provider, offering television, internet, landline phone and mobile phone services. In February 2007, NTL:Telewest was rebranded as Virgin Media. History 1992–2006 Barclay Knapp and George Blumenthal, the founders of A ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Telewest
Telewest (previously Telewest Broadband and Telewest Communications) was a cable internet, broadband internet, telephone supplier and cable television provider in the United Kingdom. It was listed on the London Stock Exchange, and was also once a constituent of the FTSE 100 Index. In March 2006, Telewest merged with fellow cable telecom company NTL, and created "NTL:Telewest", which then also merged with Virgin Mobile and Virgin.net in June 2006, creating the United Kingdom's first " quadruple play" telecom provider, offering television, internet, landline phone and mobile phone services. In February 2007, NTL:Telewest was rebranded as Virgin Media. History Telewest originated in Croydon in 1984 under the name "Croydon Cable". United Cable, of Denver, acquired Croydon Cable in 1988. Franchises extended the company scope into Edinburgh and the southwest and southeast of England. In 1989, United Cable merged with United Artists Cable International. In May 1991, United Artis ...
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Advocacy Group
Advocacy groups, also known as interest groups, special interest groups, lobbying groups or pressure groups use various forms of advocacy in order to influence public opinion and ultimately policy. They play an important role in the development of political and social systems. Motives for action may be based on political, religious, moral, or commercial positions. Groups use varied methods to try to achieve their aims, including lobbying, media campaigns, awareness raising publicity stunts, polls, research, and policy briefings. Some groups are supported or backed by powerful business or political interests and exert considerable influence on the political process, while others have few or no such resources. Some have developed into important social, political institutions or social movements. Some powerful advocacy groups have been accused of manipulating the democratic system for narrow commercial gain and in some instances have been found guilty of corruption, fra ...
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Customer Service
Customer service is the assistance and advice provided by a company to those people who buy or use its products or services. Each industry requires different levels of customer service, but in the end, the idea of a well-performed service is that of increasing revenues. The perception of success of the customer service interactions is dependent on employees "who can adjust themselves to the personality of the customer". Customer service is often practiced in a way that reflects the strategies and values of a firm. Good quality customer service is usually measured through customer retention. Customer service for some firms is part of the firm’s intangible assets and can differentiate it from others in the industry. One good customer service experience can change the entire perception a customer holds towards the organization. Customer service does not only focus on the external aspect of the organization, but also the internal relations that facilitate the business activity. For ...
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Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in t ...
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Cambridge Cable
Cambridge Cable Ltd. was a limited company engaged in the provision of early video on demand. It provided cable infrastructure in the UK as part of the Cambridge Digital Interactive Television Trial (Cambridge iTV trial/Cambridge Cable Project). History It was founded in 1988 by three Cambridge businessmen as a cable television and communications company. In June 1989, the company was awarded the cable television franchise for the city of Cambridge and the surrounding area, and in July 1990 was granted licence by the DTI to operate a public telecommunications service and distribute television channels via its underground cable network. Cambridge Cable's inaugural service commenced in July 1991 with a cable television service; the company's public telephone service launched in September 1992. The company gained financial and operational backing from Comcast Corporation, a major cable television network operator in the United States, and Singapore Telecom, the public telec ...
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Independent Broadcasting Authority
The Independent Broadcasting Authority (IBA) was the regulatory body in the United Kingdom for commercial television ( ITV and Channel 4 and limited satellite television regulation – cable television was the responsibility of the Cable Authority) – and commercial and independent radio broadcasts. The IBA came into being when the Sound Broadcasting Act 1972 gave the Independent Television Authority responsibility for organising the new Independent Local Radio (ILR) stations. The Independent Television Commission formally replaced the IBA on 1 January 1991 in regulatory terms; however, the authority itself was not officially dissolved until 2003. The IBA appointed and regulated a number of regional programme TV contractors and local radio contractors, and built and operated the network of transmitters distributing these programmes through its Engineering Division. It established and part-funded a National Broadcasting School to train on-air and engineering staff. Approach ...
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nati ...
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Guildford
Guildford () is a town in west Surrey, around southwest of central London. As of the 2011 census, the town has a population of about 77,000 and is the seat of the wider Borough of Guildford, which had around inhabitants in . The name "Guildford" is thought to derive from a crossing of the River Wey, a tributary of the River Thames that flows through the town centre. The earliest evidence of human activity in the area is from the Mesolithic and Guildford is mentioned in the will of Alfred the Great from . The exact location of the main Anglo-Saxon settlement is unclear and the current site of the modern town centre may not have been occupied until the early 11th century. Following the Norman Conquest, a motte-and-bailey castle was constructed, which was developed into a royal residence by Henry III. During the late Middle Ages, Guildford prospered as a result of the wool trade and the town was granted a charter of incorporation by Henry VII in 1488. The River Wey Naviga ...
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Deregulation
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation. The stated rationale for deregulation is often that fewer and simpler regulations will lead to raised leve ...
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AirTouch
AirTouch Communications was an American wireless telephone service provider, created as a spin-off on Pacific Telesis on April 1, 1994. Its headquarters were in One California in the Financial District, San Francisco, California. After a series of mergers, the company's vestiges are now part of Verizon Wireless. History At the time of the Bell System divestiture in 1984, each Regional Bell Operating Company (Baby Bell) was given a portion of the Advanced Mobile Phone System (AMPS) network corresponding to its service area. Pacific Telesis, the Baby Bell covering California and Nevada, spun off its wireless services as AirTouch Communications in 1994. US West's US West New Vector was also created from AMPS. In July 1994, U S West agreed to a joint venture with AirTouch as a prelude to merging the cellular unit into AirTouch. By 1996, all accounts were operated under the AirTouch name. Due to regulatory issues, the full merger was not completed until February 1998. As part of ...
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Barclay Knapp
Barclay Knapp is a Senior Fellow in the Center for Financial Economics at The Johns Hopkins University, and has formed Charles Street Partners, to pursue financing and management opportunities in the telecommunications industry. He co-founded Cellular Communications Inc. (CCI), serving as CFO and later as President and COO. Knapp later co-founded International CableTel, later known as NTL Incorporated and ultimately as what today is known as Virgin Media. Knapp built up NTL to a high of 21 billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i. ... pounds in 2000 and then presided over a financial restructuring that, while it almost wiped out the company share price, preserved the business and ensured creditors and other stakeholders participated in the restructured business that em ...
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