We believe that that's a good basis for going forward.

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The US "and the G7 are very anxious to see Argentina's leaders to provide a basis for forward-going assistance, " Mr O'Neill said.

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Whereas my camp has a healthy respect for investment incentives on a going-forward basis, camp one sees investments by cable operators as sunk and thus ripe for the taking.

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"I think we will have the ability to redeploy that on a combined basis going forward, but at least for the next quarter, it's just going to be a cushion, " he told investors.

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