The outlook remains unchanged, but the business has to pedal faster on subscriber growth to offset falling average revenue per user in order to meet expectations.

The industry news remains dire and the brief outlook given here for 2007 is worse than we had hoped.

The numbers were great ... they have great ratios, they have very affluent subscribers and their revenue per subscriber goes up every month. These guys are what every cable company wants to be when they grow up.

The outlook is worse than we had hoped.

C&W has announced a sharply lower outlook for UK profitability in 2007, underlining our fears about dire performance in this division. There may also be doubts about the dividend cover from here.

I figure the faster I pedal, the faster I can retire.