NTL in cash crisis

NTL (NYSE:NLI) said on Wednesday that it may run out of money before it completes its planned restructuring.

NTL in cash crisis
Thu, 28 Mar, 2002 - 12:13

NTL (NYSE:NLI) said on Wednesday that it may run out of money before it completes its planned restructuring.

This means that there is a possibility that it may not be able to continue its operations. Its auditors Ernst & Young are said to have queried whether it can survive.

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