Troubled NTL to announce results

Troubled cable operator NTL, which has just emerged from Chapter 11 bankruptcy protection after agreeing a £6.8bn debt-for-equity (€9.9bn) swap, will draw a line under a difficult year tomorrow with fourth quarter and annual results.

The financial restructuring has prevented analysts from making accurate results forecasts, although most of the attention of the results presentation will be on the outlook and the chances of a merger with rival Telewest.