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Old 10-12-2004, 11:11   #21
orangebird
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Location: Hampshire
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Re: [Merged] ntl to sell Broadcast Division.

Quote:
Originally Posted by Pierre
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.

This is not a problem and leasing and wayleave agreements have already been done.


ntl have agreed a five year lease of one of the floors so ntl staff that need to will be staying at the site.
Can someone please greenie rep pierre for me?
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