Cable Forum - View Single Post - First homes connected to Fujitsu fibre broadband network

**Chris** · 11-10-2011, 10:40

Yep ... Hence the bankruptcy protection measures put in place while those debts were restructured and made manageable. NTL started making an operating profit about 6 or 7 years ago IIRC, but of course it was all buried deep beneath that debt mountain, caused in part by rapid expansion of the legacy operators but also, according to Pierre's very interesting post above, by the highly risky means NTL employed to finance its acquisition of those operators. That side of things is not something you hear senior managers at VM talking about, naturally enough.

11-10-2011, 10:40	#23
Chris Trollsplatter Cable Forum Team Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,416	Re: First homes connected to Fujitsu fibre broadband network Yep ... Hence the bankruptcy protection measures put in place while those debts were restructured and made manageable. NTL started making an operating profit about 6 or 7 years ago IIRC, but of course it was all buried deep beneath that debt mountain, caused in part by rapid expansion of the legacy operators but also, according to Pierre's very interesting post above, by the highly risky means NTL employed to finance its acquisition of those operators. That side of things is not something you hear senior managers at VM talking about, naturally enough.