NTL plans remain on track

Cable operator NTL today said its exit from Chapter 11 bankruptcy protection in the UK remained on track despite reports a deal will not be finalised in 2002.

NTL plans remain on track
Fri, 27 Dec, 2002 - 10:39

Cable operator NTL today said its exit from Chapter 11 bankruptcy protection in the UK remained on track despite reports a deal will not be finalised in 2002.

The company is known to be on the brink of agreeing a life-saving restructuring of £6.9 bn (€10.64bn) of debt.

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CourtsHeathrowPlace: UKPlace: USOrganisation: NTLOrganisation: TimesOrganisation: NTL UKOrganisation: NTL EurocoOrganisation: Telewest
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