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

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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