NTL Ireland profits down, parent company losses narrow

NTL Ireland has announced a fall in profits of some 20% in the third quarter of this year.

Parent company revenues were up 5% to £583.1m (€842.7m). Net loss at ntl has declined to £95.4m (€137.9m), down from £118.4 (€171.1m) in the same period last year, the company said today in its third quarter results.