Good Year for Ntl As It Cuts Its Losses by 80pc

The JournalMarch 16, 2005

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Summary


Cable operator ntl said yesterday it had seen a strong finish to last year as it reported an 80pc fall in annual losses.

The group, which employs around 600 people in the North-East, said fourth-quarter revenues in 2004 rose by 5.3pc to pounds 531.7m, helped largely by a 7.5pc rise in income from its consumer division, which supplies broadband internet, telephone and TV services to households.

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Extract


Good Year for Ntl As It Cuts Its Losses by 80pc

Ntl said the division added 34,200 residential customers ...

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