NTL delays financial results

Hiding bad news? Not according to NTL...

By Kate Hanaghan, 13 March 2002 07:10

NEWS NTL, the UK cable operator currently drowning in debt, announced at the eleventh hour that it will now not provide its year-end results tomorrow as expected. It has put-off releasing the figures by two weeks in order to give investors a full set of audited accounts. NTL has been struggling to restructure debt totalling £12bn. It will reveal full-year results for 2001 on 27 March.

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