SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 27, 2000
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NTL INCORPORATED
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-25691 13-4051921
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
110 East 59th Street, New York, New York 10022
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (212) 906-8440
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
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On April 27, 2000, NTL Incorporated and France Telecom confirmed that NTL
Mobile, their joint venture created to take part in the UK government auction
for a UMTS license, is withdrawing from said auction.
Item 7. Financial Statements and Exhibits.
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Exhibits
99.1 Press release, issued April 27, 2000
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
NTL INCORPORATED
(Registrant)
By: /s/ Richard J. Lubasch
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Name: Richard J. Lubasch
Title: Executive Vice President-
General Counsel
Dated: April 27, 2000
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EXHIBIT INDEX
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Exhibit Page
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99.1 Press release, issued April 27, 2000
EXHIBIT 99.1
[LOGO OF FRANCE TELECOM] [LOGO OF NTL INCORPORATED]
FOR IMMEDIATE RELEASE
NTL Mobile withdraws from UMTS auction
New York, New York (April 27, 2000) - NTL Incorporated (Nasdaq and Easdaq:
NTLI), and France Telecom today confirmed that NTL Mobile, their joint venture
created to take part in the UK government auction for a UMTS license, is
withdrawing from the said auction.
NTL and France Telecom will continue to reinforce their partnership in the UK
market and will consider new opportunities to provide UK consumers and
businesses with convergent multimedia wireless services.
Barclay Knapp, CEO and President of NTL, said:
"We entered the auction with a robust business plan for offering fixed and
mobile services. We still believe in that plan, but now believe that other
strategies for achieving it offer higher and better rates of return for our
stakeholders. We wish the winners good luck in the future."
For information, please contact:
NTL (U.S.):
John F. Gregg, Chief Financial Officer
Richard J. Lubasch, Executive Vice President - General Counsel
Bret Richter, Vice President - Corporate Finance and Development
Erik Tamm, Investor Relations
Tel: (212) 906-8440
Or e-mail: [email protected]
NTL (UK):
Will Robson
Alison Kirkwood
Tel: +44 1256 752 000
France Telecom Press Office:
Nilou Ducastel/Genia Vargaftig
Tel: +33 1 44 44 93 93
Fax: +33 1 44 44 80 34
www.francetelecom.com