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Old 08-08-2006, 14:18   #1
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Results out

The latest quarterly results from ntl are out:

SECwebsite

Among the highlights:

Broadband customers are up from 2,821,700 last quarter to 2,902,300 this quarter.

Both TV and telephone customers are down.

ntl makes an operating profit of £6.3m in the quarter, but this is before several charges, not least interest of £135m.
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Old 09-08-2006, 16:50   #2
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Re: Results out

El Reg [register.co.uk] also discusses this too in a somewhat scathing article.
Quote:
Originally Posted by The Register
NTL's merger with Telewest helped boost Q2 revenues 83 per cent to £884.3m, the network reported today.

Losses from continuing operations were up too though, hitting £206m, from a £56.3m loss in 2005. Net loss was £195.8m compared to income of £73.5m a year ago.
Will be interesting to see what the long-term effects of the TW merger and Virgin acquisition will be.
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