Cable operator records €9.1m profit

CABLE TV operator NTL’s Irish division recorded profits of €9.1 million in the three months to June, a 14% increase on the same period last year.

The division generated revenues of €26.9m during the quarter, which was 2.7% more than last year.

NTL, which provides a range of cable TV, telephone and internet services to customers in Dublin, Galway and Waterford, said better margins, cost efficiencies and fewer unpaid customer bills were behind the improvement in revenues generated.