Broadband boost helps NTL trim losses, The Register, 15 Mar 2005
“NTL's decision to restructure its business, focus on broadband and elbow "delinquent" punters into touch appears to paying off. Operating losses fell 80 per cent from £192.4m to £39m for the year to the end of December as revenues rose 8.7 per cent to £1.5bn. Much of this is down to a 40 per cent growth in broadband subscribers to 1.33m, said the UK cableco, although 62,000 of those were added following the acquisition of Virgin.net in November.�
Full story at http://www.theregister.co.uk/2005/03/15/ntl_results/
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