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Old 10-12-2004, 11:02   #20
Pierre
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Join Date: Dec 2003
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Re: [Merged] ntl to sell Broadcast Division.

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It's the only profitable bit Ntl owned. It's all the stuff that used to be the engineering arm of the IBA. Their main building is at Crawley Court Winchester.
Boolloocks, you obviously don't know what your talking about. All divisions of ntl are "operating" at a profit.

The company is not yet showing a profit because of its debt but revenues are up.

Broadcast is a good solid business but its revenues of 66.6m in the last Quarter are dwarfed by ntl:Homes revenue of 405m.

Broadcasts profits in the last quarter were actualy wiped out by a contractual failure so they only made 2.4m whereas Home made 180m.

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A lot of Ntl's national core fibre network runs through broadcast sites plus they have a lot of equipment installed on them
This is not a problem and leasing and wayleave agreements have already been done.

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Their main building is at Crawley Court Winchester
ntl have agreed a five year lease of one of the floors so ntl staff that need to will be staying at the site.
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