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NTL became the dominant cable operator in the United Kingdom, controlling more than 90% of the market.
making a gross loss of €500 million - more than 50% - over what they paid).After exiting from Chapter 11 protection NTL produced an operating profit.In 2004 it announced plans to split the broadcasting division off from the main company.The company did not emerge from protection until January 2003, having converted around bn of debt into shares — technically, this amounted to the largest debt default in US corporate history. (for the French, Swiss and German parts of the corporation).New executives replaced the NTL president, CEO and co-founder Barclay Knapp, as well as Stephen Carter, the MD and COO.In 2005 residential services generated 78% of NTL's revenue, and business services 22%.
In March 2006, NTL merged with fellow cable telecom company Telewest, and created 'NTL: Telewest', which then also merged with Virgin Mobile UK and in June 2006, creating the UK's first "quadruple play" telecom provider, offering television, internet, landline phone and mobile phone services.
Simply double-click the downloaded file to install it.
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ONTV On Cable Tel (UK) Limited (May 19, 1998 - 2000).