NTL close to Ireland sale? | |
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13-01-2005
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A report in the Irish Times says Goldman Sachs, which is handling the possible sale of NTL Ireland, is in talks with two candidates, a private consortium and UGC. The report says NTL is looking to achieve E150-200m for the sale; in contrast to the E680m it paid in 1999. NTL Ireland has 340,000 CATV subscribers but has fialed to make much headway with other services. UGC bought its smaller Irish rival, Chorus, for E41m in December last year. | ||
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