A spokesperson for NTL has declined to comment on reports that it's to sell its Irish division.
NTL Ireland is the country's biggest cable supplier with more than 340,000 customers in Dublin, Galway and Waterford.
According to a report today, a number of consortia have been invited to bid for the company which could fetch in excess of €150m.
In 1999, the NTL Group paid RTE and Eircom €680m for Cablelink at the peak of the dotcom bubble.
With over 340,000 customers in Dublin Galway and Waterford, it is the country's biggest cable supplier.
NTL promised to invest up to €100m to broadband enable its network by the end of 2006.
However, its parent company has suffered serious financial difficulties, and was rescued from bankruptcy last year by a consortium of bankers.
Now there are reports NTL plans to sell off its Irish operation in a deal that could value it at up to €200m.
It is understood that a number of potential bidders have already expressed an interest - including an Irish consortium.
But analysts believe the impact of the sale - as well as the price - will depend on what services the buyer plans to offer, and the level of investment required.
NTL Ireland has so far refused to comment on the sale, other than to say that it is business as usual.
However, some sources say that a deal could be complete within two months - with potentially huge implications for NTL staff, customers, and the Irish telecommunications market.
