How Much Debt Are NTL In?
 

Last time i read was quiet a while ago, and it was 2 or 20million i think, anyone of you know please? (£)

Re: How Much Debt Are NTL In?
 

It's never been that low...

After refinancing, ntls debt went down to $6bn....I wouldn't have thought it'd changed too much since then.

Re: How Much Debt Are NTL In?
 

I think the last results reported that they made a net loss of £564,00 0,000 in Q3 2204.

£5.64 billion

Re: How Much Debt Are NTL In?
 

£3bn but hoping to cut it to £1.8bn:
http://www.cableforum.co.uk/article/...flog-tv-towers

Don't you ever visit our front page? :eek:

Re: How Much Debt Are NTL In?
 

http://www.ntl.com/locales/gb/en/inv...cials/debt.asp

£3bn plus change.

http://www.ntl.com/locales/gb/en/inv...rts/2004-2.pdf

Refinancing
In April 2004, ntl issued £811 million equivalent of new senior notes and entered into a new £2.425 billion senior credit facility, including a £250 million revolving facility which is currently undrawn. Proceeds from the senior note offering, in conjunction with cash on hand and the funding under the new credit facility were used to repay in full the previous senior credit facility and to redeem the outstanding ntl Triangle debentures due 2007 and the Diamond Holdings notes due 2008. As a result of the repayment of ntlââ‚Âà ‚¬ÃƒÂ¢Ã¢â‚¬Å¾Ã‚¢s previous debt prior to its scheduled maturity, mainly non-cash costs of £162.3 million ($290.1 million) were written off during the second quarter of 2004.
General syndication of the senior credit facility was completed during the second quarter.
During Q2 2004, hedging for exchange risk on the dollar denominated bonds was increased to 75 per cent of the principal value of the senior notes, for five years from issue date. The coupon payments were previously hedged. During the quarter £1.2 billion of floating rate debt was fixed for a period of three years ending April 14, 2007, following which, approximately two thirds of the total outstanding debt is now at a fixed rate.

Edit damn 2 mins too late, should have visited the front page, not ntl investor relations.

Re: How Much Debt Are NTL In?
 

WTF!!! How the heck do they get in such high debt?!?! Do they give away free TV, internet and not charge for phone calls or something?

Re: How Much Debt Are NTL In?
 

And give lots of money to navvies to dig up the streets (badly) don't forget.

Re: How Much Debt Are NTL In?
 

They borrowed spent an awful lot of money buying companies up in the late 90's, only for the telecoms market to suffer a major down turn.

Yes, they did also give away free dial up internet for ages... :rolleyes:

Re: How Much Debt Are NTL In?
 

well its better than the £11 billion debt they had before they went in chapter 11.

Re: How Much Debt Are NTL In?
 

Hmm, dont any of you think NTL would close down soon? Look how much free internet they're giving away too, like 60 days and stuff like that?

Re: How Much Debt Are NTL In?
 

TBH, if a house is already cabled, giving away services for trial periods doesn't cost that much....

No, they won't close down - too many assets (customer base, network etc).

They might merge with Telewest though. :shrug:

Re: How Much Debt Are NTL In?
 

didn't ntl make an operating profit in the last financial year? first time since chapter 11 IIRC?

I am 100% sure that ntl will not close down soon.

Re: How Much Debt Are NTL In?
 

grrrr, i wish they would, that way i can get ADSL!! (gotta love that 256k upload at a reasonable price)

Re: How Much Debt Are NTL In?
 

"operating Profit" yes.

Which shows the company is now being run leaner than ever. The main reason for this "operating profit" is a reduction in overheads and maintenance costs.

Expect more cuts

Re: How Much Debt Are NTL In?
 

ntl make plenty of money from these deals. like the BOGOF (i.e. free dtv with talk unlimited 24). when they bundle, install costs dramatically go down, then it only takes 11-13 months to pay off the install costs incured! that's why dtv is bundled with dtv. because by itself dtv takes over 40 months to pay for install and equipment costs!! but with phone line, it takes only 12 months!
:)

ntl make plently of money! (60% profit margin on dtv services! - non premium)
just, it costs a lot to run everything and pay off debt interest.

Re: How Much Debt Are NTL In?
 

NTL also loose money like this : http://cgi.ebay.co.uk/ws/eBayISAPI.d...722921003&rd=1

http://cgi.ebay.co.uk/ws/eBayISAPI.d...ayphotohosting

http://cgi.ebay.co.uk/ws/eBayISAPI.d...843967238&rd=1

And the digital versions of the above box, are they legal?

Re: How Much Debt Are NTL In?
 

well, PPV don't last long on them, only a £30/32 credit limit on the stbs. and the filters stop the boxes from refreshing the credit.

edit: oh yeah, and it's illegal! :D

Re: How Much Debt Are NTL In?
 

If they were originally installed as part of an NTL package, NO they are not legal.

Re: How Much Debt Are NTL In?
 

:erm: what is styopping you getting ADSL now? and how would ntl going bust change that? :disturbd: :confused:

Re: How Much Debt Are NTL In?
 

Am 14, youngest in my family, so my arguments are hardly heard.

EDIT: If NTL went bust, BT is all we can move back to, and that means ADSL :)

Re: How Much Debt Are NTL In?
 

Re earlier posts - anyone know what happened to the 'real' billion (1,000,000,000,000)? These Yanks get everywhere.

Re: How Much Debt Are NTL In?
 

What do you mean real billion? Americans are buying NTL?

Re: How Much Debt Are NTL In?
 

NTL are a US company...

Re: How Much Debt Are NTL In?
 

...but some earlier posts quote the debt in billions of pounds. I just find it a bit annoying that we seem to have accepted the US definition of a billion. (yes I know - off topic!)

Re: How Much Debt Are NTL In?
 

Not to worry.
If you ever get confused by the ridiculous currency conversion rate between US and UK currency, just use the following calculation:
$billion x 2 = £billio n

:rofl:

Re: How Much Debt Are NTL In?
 

It's going to be interesting to see what happens when they run out of things to cut. At the moment the guys dealing with networks say cash is non existent for daily maintenance, head counts have been cut to a minimum through redundancy and natural wastage.

Things are already at a point where the company is having difficulty operating, what will happen when they have to make their next round of cuts to keep the figures looking like they are inproving.

Re: How Much Debt Are NTL In?
 

Sorry to be an anoarak, but $billion (US billion) x 2 = £1,000, 000,000 = £0.001B illion(British billion).

I don't think many people would be too pleased if they went to the pub for a pint and were served a US pint!

Re: How Much Debt Are NTL In?
 

Where I work the numerology of MM is regularly used 1Bn would not be put in a report, 1MM would be.

US Pints are can sized 16floz vs 20 fl oz in the UK. Hardly a factor of 1000 smaller!

Re: How Much Debt Are NTL In?
 

I wish BT would go bust...........god that company make me fume, id rather gouge my eyes out with sticks instead of dealing with their extreme incompetance ever again.

I wouldnt get too excited about the upload speed.........especially when the download speed is generally much lower than advertised. Unless you upload a vast amount of files........it really makes little difference.

Re: How Much Debt Are NTL In?
 

Yes, i do upload heavily, and NTL are no good for this :(

Re: How Much Debt Are NTL In?
 

What ya uploading that needs the speed dude?

Incidentally £3 billion , £3,000, 000,000 is about right.

Re: How Much Debt Are NTL In?
 

Why dont you just upgrade the speed of your ntl broadband?

Re: How Much Debt Are NTL In?
 

Quiet alot of rar'd archives, photo's, video's and a few other things (alot of p2p file sharing too). NTL's 1.5mb service is the only one with a good amount of upload speed, and that too isnt too much, its also a complete rip off.

Re: How Much Debt Are NTL In?
 

Unless you live in Central London 256k is the highest upstream you'll get. Unless of course you want to pay three figures a month that is. That's life really, blame BT for not pushing the market. If 256k is all that's needed to compete at the price that's how it goes unfortunately.