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**Chris** · 06-05-2004, 08:41

According to The Times (p51, compact edition) and BBC Online, NTL has made its first quarterly operating profit in 10 years of trading:

http://news.bbc.co.uk/1/hi/business/3686383.stm

Chief Executive Simon Duffy attributed the results to growth in the consumer business (the bit we use!), which was in turn "mostly driven by the improvement in the operating performance of the company, which has, for the past four or five quarters, been continuing to take out costs and accellerate the rate of growth." (Times)

So, discuss especially if you are one of the unfortunate 'costs' that has been 'taken out' of the business lately...

06-05-2004, 08:41	#1
Chris Trollsplatter Cable Forum Team Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,394	Ntl reaches 'first profit' According to The Times (p51, compact edition) and BBC Online, NTL has made its first quarterly operating profit in 10 years of trading: http://news.bbc.co.uk/1/hi/business/3686383.stm Chief Executive Simon Duffy attributed the results to growth in the consumer business (the bit we use!), which was in turn "mostly driven by the improvement in the operating performance of the company, which has, for the past four or five quarters, been continuing to take out costs and accellerate the rate of growth." (Times) So, discuss especially if you are one of the unfortunate 'costs' that has been 'taken out' of the business lately...