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NTL come out of bankruptcy

crawler · 2002-09-06 13:51:49

Bit off the topic today I know.....but may be good news in the future http://www.electricnews.net/news.html?code=8615205

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06-09-2002 2:51pm

#1

crawler

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Bit off the topic today I know.....but may be good news in the future

http://www.electricnews.net/news.html?code=8615205

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#2 06-09-2002 4:09pm
Dustaz

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Under the reorganisation plan NTL will be split into two groups. NTL Inc. will be renamed "NTL Europe, Inc." which will be the holding company for NTL in continental Europe. NTL Communications Corp. will be renamed "NTL Incorporated" and will be the holding company for NTL in the UK and Ireland.

This is good news i think? AFAIR, it was the european arm that was losing money hand over fist. If the Irish arm has less to prop up, maybe they will be quicker to invest in the dodgy network here.

Im sure im wrong, so someone please correct me

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