UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q
(Mark One)
(X)  Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934 for the Quarterly Period Ended:
                                 MARCH 31, 2000
                                       OR

(  ) Transition  Report  pursuant  to  Section  13 or  15(d)  of the  Securities
     Exchange Act of 1934 for the Transition Period from ________ to ________.

                         Commission File Number 0-24792

                               NTL (TRIANGLE) LLC
             (Exact name of registrant as specified in its charter)



           Delaware                                              13-4086747
--------------------------------------------------------------------------------
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

                              110 East 59th Street
                               New York, NY 10022
                                 (212) 906-8440
--------------------------------------------------------------------------------
    (Address, including zip code, and telephone number, including area code,
                  of Registrant's principal executive offices)
                           --------------------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding  twelve months (or for such shorter period that the registrant was
required to file such  reports),  and (2) has been subject to such  requirements
for the past 90 days.

         Yes  X                                   No
             ---                                     ---
                           --------------------------

As of March 31,  2000,  there were  800,000  shares of the  Registrant's  common
membership interests  outstanding.  The Registrant is an indirect,  wholly owned
subsidiary  of NTL  Incorporated  and  there is no market  for the  Registrant's
Common Stock.
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                           QUARTER ENDED MARCH 31,2000

                                TABLE OF CONTENTS
                                                                           Page
                                                                          Number
PART I. FINANCIAL INFORMATION
------  ---------------------

        Item 1. Financial Statements

                Condensed Consolidated Balance Sheets as of
                March 31, 2000 (Unaudited) and December 31, 1999..............2

                Condensed Consolidated Statements of Operations
                for the Three Months Ended March 31, 2000 and
                1999 (Unaudited)..............................................3

                Condensed Consolidated Statement of Shareholder's
                Equity for the Three Months Ended March 31,
                2000 (Unaudited)..............................................4

                Condensed Consolidated Statements of Cash Flows for
                the Three Months Ended March 31, 2000 and 1999
                (Unaudited)...................................................5

                Notes to Condensed Consolidated
                Financial Statements (Unaudited)..........................6 - 8

        Item 2. Management's Discussion and Analysis of
                Financial Condition and Results of Operations............9 - 11

        Item 3. Quantitative and Qualitative Disclosures About
                Market Risk..................................................12

PART II.OTHER INFORMATION
------- -----------------

        Item 6. Exhibits and Reports on Form 8-K.............................12

        SIGNATURE............................................................13

        EXHIBIT INDEX........................................................14

<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000

PART I.   FINANCIAL INFORMATION
-------   ---------------------
ITEM 1.   FINANCIAL STATEMENTS
-------   --------------------

                      CONDENSED CONSOLIDATED BALANCE SHEETS
                      -------------------------------------

<TABLE>
<CAPTION>
                                                                                      March 31,          December 31,
                                                                                        2000                 1999
                                                                                 -----------------    -----------------
                                                                                     (Unaudited)          (See Note)
                                                                                 (in (UK Pound)000's, except share data)
<S>                                                                               <C>                  <C>
Assets
------

Current assets
   Cash and cash equivalents .................................................... (UK Pound)28,050     (UK Pound)27,895
   Marketable securities ........................................................            1,365                   --
   Accounts receivable, less allowance for doubtful accounts of
     (UK Pound)9,874 (2000) and (UK Pound)9,452 (1999) ..........................           11,293               10,170
   Other current assets .........................................................            5,779                4,240
                                                                                 -----------------    -----------------
       Total current assets .....................................................           46,487               42,305

Property and equipment, net .....................................................          386,691              382,078
Intangible assets, net ..........................................................          424,101              434,333
Other assets, net ...............................................................           37,668               42,553
                                                                                 -----------------    -----------------
                                                                                 (UK Pound)894,947    (UK Pound)901,269
                                                                                 =================    =================

Liabilities and shareholder's equity
------------------------------------

Current liabilities
   Accounts payable and accrued expenses ........................................ (UK Pound)31,223     (UK Pound)34,431
   Deferred revenue .............................................................           11,163               10,572
   Due to affiliates ............................................................           10,156                5,905
   Current portion of long-term debt ............................................            1,127                  864
                                                                                 -----------------    -----------------
     Total current liabilities ..................................................           53,669               51,772

Long-term debt, less current portion ............................................          306,713              293,285

Commitments and contingent liabilities

Deferred income taxes ...........................................................            8,037                8,237

Shareholder's equity:
   Common membership interests, (UK Pound).01 par value - authorized and
     issued 800,000 shares ......................................................                8                    8
   Additional capital ...........................................................          363,966              363,966
   Accumulated other comprehensive (loss) .......................................             (835)                (189)
   Retained earnings ............................................................          163,389              184,190
                                                                                 -----------------    -----------------
     Total shareholder's equity .................................................          526,528              547,975
                                                                                 -----------------    -----------------
                                                                                 (UK Pound)894,947    (UK Pound)901,269
                                                                                 =================    =================
<FN>

Note: The balance sheet at December 31, 1999 has been derived from the audited financial statements at that date.

See accompanying notes.
</FN>
</TABLE>

                                       2
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 -----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                          Three Months Ended
                                                                                               March 31,
                                                                                     2000                    1999
                                                                                -----------------     -----------------
                                                                                        (in (UK Pound)000's)

<S>                                                                            <C>                   <C>
Revenue
   Service income...........................................................     (UK Pound)38,677      (UK Pound)23,189
                                                                                -----------------     -----------------

Costs and expenses
   Operating................................................................               13,507                 7,773
   Selling, general and administrative......................................               14,902                10,169
   Depreciation and amortization............................................               16,753                 8,750
                                                                                -----------------     -----------------
                                                                                           45,162                26,692
                                                                                -----------------     -----------------

Operating loss..............................................................               (6,485)               (3,503)

Other income (expense)
   Interest expense.........................................................               (8,137)               (7,646)
   Investment income........................................................                  331                 1,704
   Equity in net loss of affiliate..........................................                    -                (2,060)
   Amalgamation costs.......................................................                    -                  (145)
   Exchange losses and other................................................               (6,656)               (7,725)
                                                                                -----------------     -----------------
                                                                                          (14,462)              (15,872)
                                                                                -----------------     -----------------

Loss before income taxes....................................................              (20,947)              (19,375)
Income tax benefit..........................................................                  146                     -
                                                                                -----------------     -----------------

Net loss....................................................................    (UK Pound)(20,801)    (UK Pound)(19,375)
                                                                                =================     =================
</TABLE>

See accompanying notes.

                                       3
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
            CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDER'S EQUITY
            --------------------------------------------------------
                                   (Unaudited)
                              (in (UK Pound)000's)



<TABLE>
<CAPTION>
                                   Common
                                 Membership                               Compre-
                                 Interests          Additional            hensive
                             Shares   Amount         Capital               Loss
                             ------   ------         -------               ----

<S>                          <C>     <C>          <C>               <C>
Balance at December 31, 1999   800   (UK Pound)8  (UK Pound)363,966
  Net loss..................                                        (UK Pound)(20,801)
  Currency translation
    adjustment..............                                                     (646)
                                                                    -----------------
  Comprehensive loss........                                        (UK Pound)(21,447)
                             -----   -----------  ----------------- -----------------
Balance at March 31, 2000...   800   (UK Pound)8  (UK Pound)363,966
                             =====   ===========  =================
</TABLE>


<TABLE>
<CAPTION>
                                Accumulated
                               Other Compre-
                                  hensive         Retained
                                   Loss           Earnings            Total
                                   ----           --------            -----

<S>                          <C>             <C>                <C>
Balance at December 31, 1999 (UK Pound)(189) (UK Pound)184,190  (UK Pound)547,975
  Net loss..................                           (20,801)           (20,801)
  Currency translation
    adjustment..............           (646)                                 (646)

  Comprehensive loss........
                             --------------  -----------------  -----------------
Balance at March 31, 2000... (UK Pound)(835) (UK Pound)163,389  (UK Pound)526,528
                             ==============  =================  =================
</TABLE>


See accompanying notes.


                                       4
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                 -----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                         Three Months Ended
                                                                                               March 31,
                                                                                      2000                   1999
                                                                                ----------------      ----------------
                                                                                          (in (UK Pound)000's)
<S>                                                                            <C>                     <C>
Net cash provided by (used in) operating activities......................       (UK Pound)10,151        (UK Pound)(189)
                                                                                ----------------      ----------------

Investing activities
   Purchases of marketable securities....................................                 (1,365)                    -
   Fixed asset deposit with affiliate....................................                      -               (51,915)
   Capital expenditures..................................................                 (8,079)              (12,141)
   Additions to deferred charges.........................................                      -                   (52)
                                                                                ----------------      ----------------

         Net cash used in investing activities...........................                 (9,444)              (64,108)
                                                                                ----------------      ----------------

Financing activities
   Principal payments....................................................                   (465)                 (754)
   Net transactions with affiliates......................................                      -                   (60)
                                                                                ----------------      ----------------

         Net cash used in financing activities...........................                   (465)                 (814)

         Effect of exchange rate changes on cash.........................                    (87)                    -
                                                                                ----------------      ----------------

Increase (decrease) in cash and cash equivalents.........................                    155               (65,111)

Cash and cash equivalents, beginning of period...........................                 27,895               103,451
                                                                                ----------------      ----------------

Cash and cash equivalents, end of period.................................       (UK Pound)28,050      (UK Pound)38,340
                                                                                ================      ================

Supplemental disclosure of cash flow information
   Cash paid during the period for interest..............................           (UK Pound)53         (UK Pound)233

Supplemental schedule of noncash financing activities
   Capital lease obligations.............................................           (UK Pound) -         (UK Pound)138
</TABLE>

See accompanying notes.

                                       5
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)

1.   Basis of Presentation

     The accompanying  unaudited condensed  consolidated financial statements of
     NTL (Triangle) LLC (formerly NTL (Bermuda)  Limited) (the  "Company")  have
     been  prepared  in  accordance  with  U.S.  generally  accepted  accounting
     principles for interim  financial  information and with the instructions to
     Form  10-Q  and Rule  10-01 of  Regulation  S-X.  Accordingly,  they do not
     include all of the information and footnotes required by generally accepted
     accounting principles for complete financial statements.  In the opinion of
     management,  all  adjustments  (consisting  of normal  recurring  accruals)
     considered necessary for a fair presentation have been included.  Operating
     results  for the three  months  ended  March 31,  2000 are not  necessarily
     indicative of the results that may be expected for the year ending December
     31, 2000.  For further  information,  refer to the  consolidated  financial
     statements and footnotes thereto included in the Company's Annual Report on
     Form 10-K for the year ended December 31, 1999.

     In June 1998, the Financial  Accounting Standards Board issued Statement of
     Financial Accounting Standards ("SFAS") No. 133, "Accounting for Derivative
     Instruments  and Hedging  Activities."  This statement,  which  establishes
     accounting and reporting  standards for derivatives and hedging activities,
     is required to be adopted by the Company  effective  January 1, 2001.  Upon
     the adoption of SFAS No. 133, all derivative instruments are required to be
     recognized  in the  statement  of  financial  position as either  assets or
     liabilities  and  measured at fair value.  The  Company is  evaluating  the
     impact  that the  adoption  of SFAS  No.  133  will  have on its  financial
     position and results of operations.

2.   Comprehensive Loss

     Comprehensive  loss for the  three-month  periods  ended March 31, 2000 and
     1999 was (UK Pound)21,447,000 and (UK Pound)19,375,000, respectively.

3.   Amalgamation with NTL

     On October 29, 1998, NTL Incorporated  ("NTL"),  NTL (Bermuda)  Limited,  a
     wholly  owned  subsidiary  of NTL,  and Comcast UK Cable  Partners  Limited
     ("Partners")  consummated a transaction (the  "Amalgamation"),  whereby NTL
     (Bermuda) Limited merged with Partners.

     Pursuant  to then  existing  arrangements  between  Partners  and  Telewest
     Communications  plc  ("Telewest"),  a co-owner of interests in Cable London
     PLC ("Cable London") and Birmingham Cable Corporation Limited  ("Birmingham
     Cable"), Telewest had certain rights to acquire either or both of Partner's
     interests in these systems as a result of the  Amalgamation.  On August 14,
     1998, Partners and NTL entered into an agreement (the "Telewest Agreement")
     with  Telewest  relating to Partner's  ownership  interests  in  Birmingham
     Cable,  Partner's and Telewest's  respective  ownership  interests in Cable
     London  and  certain  other  related  matters.  Pursuant  to  the  Telewest
     Agreement,  in October 1998,  Partners sold its 27.5% ownership interest in
     Birmingham  Cable to Telewest for (UK Pound)125  million,  plus (UK Pound)5
     million for certain subordinated debt and fees.  Additionally,  in November
     1999,  the  Company  sold its 50%  ownership  interest  in Cable  London to
     Telewest for (UK Pound)428 million in cash.


                                       6
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                                   (Unaudited)

4.   Investment in Cable London

     Summarized  financial  information for Cable London which was accounted for
     under the equity method is as follows (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                                                    Three Months Ended
                                                                                                      March 31, 1999
                                                                                                    ------------------
<S>                                                                                                 <C>
     Results of operations:
          Service income..........................................................                   (UK Pound)18,992
          Operating, selling, general and administrative expenses.................                            (13,579)
          Depreciation and amortization...........................................                             (5,904)
          Operating loss..........................................................                               (491)
          Net loss................................................................                             (4,023)
          Company's equity in net loss............................................                             (2,060)
</TABLE>

5.   Property and Equipment

     Property and equipment consists of (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                               March 31,              December 31,
                                                                                  2000                    1999
                                                                           -----------------        -----------------
                                                                              (Unaudited)
<S>                                                                        <C>                      <C>
     Operating equipment...............................................    (UK Pound)422,488        (UK Pound)414,276
     Other equipment...................................................               62,470                   61,364
     Construction in progress..........................................                5,945                    4,358
                                                                           -----------------        -----------------
                                                                                     490,903                  479,998
     Accumulated depreciation..........................................             (104,212)                 (97,920)
                                                                           -----------------        -----------------
                                                                           (UK Pound)386,691        (UK Pound)382,078
                                                                           =================        =================
</TABLE>

6.   Intangible Assets

     Intangible assets consist of (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                                  March 31,           December 31,
                                                                                    2000                  1999
                                                                              -----------------     -----------------
                                                                                 (Unaudited)
<S>                                                                          <C>                   <C>
      Goodwill, net of accumulated amortization of
          (UK Pound)17,693 (2000) and (UK Pound)11,928 (1999)............     (UK Pound)328,206     (UK Pound)333,971
      License acquisition costs, net of accumulated amortization
          of (UK Pound)5,410 (2000) and (UK Pound)3,607 (1999)...........                30,658                32,461
      Customer lists, net of accumulated amortization of
          (UK Pound)3,232 (2000) and (UK Pound)1,616 (1999)..............                29,090                30,706
      Other, net of accumulated amortization of (UK Pound)22,216 (2000)
          (UK Pound)21,168 (1999)........................................                36,147                37,195
                                                                              -----------------     -----------------
                                                                              (UK Pound)424,101     (UK Pound)434,333
                                                                              =================     =================
</TABLE>

                                       7
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000
        NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - CONCLUDED
                                   (Unaudited)


     In July 1999, NTL Communications  Corp., a wholly-owned  subsidiary of NTL,
     acquired Cablelink Limited  ("Cablelink") for IR(Pound)535.18  million ((UK
     Pound)409.8   million).   NTL  Communications   Corp.   accounted  for  the
     acquisition as a purchase. In December 1999, the Company acquired Cablelink
     from NTL  Communications  Corp.  for (UK  Pound)423.6  million in cash. The
     Company  accounted  for the  acquisition  at  historical  cost in a  manner
     consistent  with a transfer  of entities  under  common  control,  which is
     similar  to that used in a "pooling  of  interests."  Accordingly,  the net
     assets and results of  operations  of Cablelink  have been  included in the
     consolidated financial statements from July 1999.

     The pro forma  unaudited  consolidated  results of operations for the three
     months  ended  March  31,  1999  assuming  the  consummation  of the  above
     mentioned  transaction  as of  January  1,  1999  is  as  follows  (in  (UK
     Pound)000's):

          Total revenue........................................(UK Pound)34,706
          Net loss.............................................         (27,090)

7.   Joint Purchasing Alliance Agreement

     Other assets  includes a deposit of (UK  Pound)35.9  million  which will be
     utilized under a Joint Purchasing  Alliance  Agreement entered into between
     subsidiaries  of the  Company  and  Diamond  Cable  Communications  plc,  a
     subsidiary  of NTL,  for  combined  fixed asset  purchases.  The  Company's
     original deposit was (UK Pound)51.9 million in March 1999.

8.   Related Party Transactions

     Since the Amalgamation,  a subsidiary of NTL Communications  Corp. has been
     providing  management,  financial,  legal  and  technical  services  to the
     Company.  Beginning in the fourth quarter of 1999,  this  subsidiary  began
     charging the Company for these services  using an allocation  formula based
     on customers.  The Company was charged (UK Pound)2.8  million for the three
     months  ended March 31,  2000,  which is  included in selling,  general and
     administrative  expenses and in the due to  affiliates  balance.  It is not
     practicable to determine the amounts of these expenses that would have been
     incurred had the Company operated as an unaffiliated entity. In the opinion
     of management of the Company, the allocation method is reasonable.

9.   Contingencies

     The Company is involved in legal  proceedings and claims which arise in the
     ordinary course of its business.  In the opinion of management,  the amount
     of ultimate  liability  with respect to these  actions will not  materially
     affect the  financial  position,  results of operations or liquidity of the
     Company.

                                       8
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS
------    ---------------------------------------------------------------

Overview
--------

NTL (Triangle) LLC (formerly NTL (Bermuda) Limited) (the "Company") is a holding
company which holds all of the shares of various companies  principally  engaged
in  the  development,   construction,  management  and  operation  of  broadband
communications networks for telephone, cable television and Internet services in
the United Kingdom ("UK") and Ireland.  The Company owns the companies that have
franchises for Darlington and Teesside (collectively,  "Teesside") and Cambridge
Holding  Company  Limited   ("Cambridge")  in  the  UK,  and  Cablelink  Limited
("Cablelink"),  which owns the companies that provide services in Dublin, Galway
and Waterford,  Ireland.  The Company  previously  owned a 50% interest in Cable
London PLC ("Cable London") which it sold in November 1999.

Liquidity and Capital Resources
-------------------------------

In November 1995, the Company issued $517.3 million principal amount at maturity
of 11.20% Senior Discount Debentures due 2007 (the "2007 Discount  Debentures").
Interest accretes on the 2007 Discount Debentures at 11.20% per annum compounded
semiannually  from  November  15, 1995 to November  15,  2000,  after which date
interest  will be paid in cash on each May 15 and  November 15 through  November
15, 2007. The 2007 Discount Debentures contain restrictive covenants which limit
the Company's ability to pay dividends.

The Company will require  approximately  (UK  Pound)115.0  million from April 1,
2000  through  December  31,  2000 for  capital  expenditures  net of cash  from
operations. Management believes that the entire (UK Pound)115.0 million required
will be funded through cash on hand, debt or equity from NTL or its subsidiaries
and from the Joint  Purchasing  Alliance  Agreement  deposit  of (UK  Pound)35.9
million.  Subsidiaries  of the Company and Diamond Cable  Communications  plc, a
subsidiary  of NTL,  entered  into this  agreement in 1999 for joint fixed asset
purchases.  The Company's  ability to meet its  long-term  liquidity and capital
requirements is contingent upon Cambridge,  Teesside and Cablelink's  ability to
generate  positive  operating  cash flow, or, if necessary,  to obtain  external
financing,  although  there can be no assurance  that any such financing will be
obtained on acceptable terms and conditions.

Condensed Consolidated Statements of Cash Flows
-----------------------------------------------

Net cash provided by (used in) operating  activities  amounted to (UK Pound)10.2
million and (UK  Pound)(189,000)  for the three  months ended March 31, 2000 and
1999, respectively. The increase in net cash provided by operating activities is
due to the increase in the Company's  operating  income before  depreciation and
amortization  and  changes  in  working  capital  as a result  of the  timing of
receipts and disbursements.

Net cash used in investing  activities amounted to (UK Pound)9.4 million and (UK
Pound)64.1  million  for the  three  months  ended  March  31,  2000  and  1999,
respectively.  During the three months  ended March 31,  2000,  net cash used in
investing  activities  includes  purchases  of  marketable   securities  of  (UK
Pound)1.4 million and capital expenditures of (UK Pound)8.1 million.  During the
three  months  ended  March  31,  1999,  net cash used in  investing  activities
includes  the Joint  Purchasing  Alliance  Agreement  deposit of (UK  Pound)51.9
million for combined  purchases of fixed  assets by NTL  affiliates  and capital
expenditures of (UK Pound)12.1 million.

Net  cash  used  in  financing   activities  was  (UK  Pound)(465,000)  and  (UK
Pound)(814,000)   for  the  three   months   ended  March  31,  2000  and  1999,
respectively, primarily for debt principal payments.


                                       9

<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000

Results of Operations
---------------------

In December 1999,  Cablelink was acquired by the Company from NTL Communications
Corp.  This  transaction  was  accounted  for at  historical  cost  in a  manner
consistent with a transfer of entities under common control, which is similar to
that used in a "pooling of interests." Accordingly, the Company consolidated the
results of operations of Cablelink from July 1999.

Summarized  consolidated  financial  information  for the  Company for the three
months ended March 31, 2000 and 1999 is as follows (in  thousands,  "NM" denotes
percentage is not meaningful):

<TABLE>
<CAPTION>
                                                       Three Months Ended
                                                            March 31,                    Increase/(Decrease)
                                                    2000                1999            (UK Pound)          %
                                               ----------------    ----------------  ----------------   ----------
<S>                                            <C>                 <C>               <C>                 <C>
Revenue......................................  (UK Pound)38,677    (UK Pound)23,189  (UK Pound)15,488       66.8%
Operating, selling, general and                          28,409              17,942            10,467       58.3
administrative expenses......................
Depreciation and amortization................            16,753               8,750             8,003       91.5
                                               ----------------    ----------------
Operating loss...............................            (6,485)             (3,503)            2,982       85.1
                                               ----------------    ----------------
Interest expense.............................            (8,137)             (7,646)              491        6.4
Investment income............................               331               1,704            (1,373)     (80.6)
Equity in net loss of affiliate..............                 -              (2,060)           (2,060)        NM
Amalgamation costs...........................                 -                (145)             (145)        NM
Exchange losses and other....................            (6,656)             (7,725)           (1,069)     (13.8)
                                               ----------------    ----------------
Loss before income taxes.....................           (20,947)            (19,375)            1,572        8.1
Income tax benefit...........................               146                   -               146         NM
                                               ----------------    ----------------
Net loss..................................... (UK Pound)(20,801)  (UK Pound)(19,375)  (UK Pound)1,426        7.4%
                                              =================   =================
</TABLE>

Substantially  all of the increases in revenues,  operating  expenses,  selling,
general and  administrative  expenses and depreciation and amortization  expense
for the three  months  ended March 31,  2000,  as compared to the same period in
1999, are  attributable to the effects of the acquisition of Cablelink,  as well
as the continued  development of the Company's operations and increased business
activity resulting from the growth in the number of subscribers in Cambridge and
Teesside.  These  trends in  operations  and  business  activity are expected to
continue for the foreseeable future.

Interest  expense  for the three  months  ended  March 31, 2000 and 1999 was (UK
Pound)8.1  million and (UK  Pound)7.7  million,  respectively,  representing  an
increase of (UK Pound)491,000  from 1999 as compared to the same period in 2000.
The increase is primarily  attributable  to the  compounding  of interest on the
2007 Discount Debentures, partially offset by the payment of the note payable to
Comcast U.K. Holdings, Inc. in September 1999.

Investment  income for the three  months  ended  March 31, 2000 and 1999 was (UK
Pound)331,000 and (UK Pound)1.7 million,  respectively,  representing a decrease
of (UK Pound)1.4  million from 1999 as compared to the same period in 2000.  The
decrease is  primarily  attributable  to the  termination  of the loans to Cable
London in November 1999 and to decreases in the average cash balances  available
for investment in 2000 as compared to the same period in 1999.

Equity in net loss of affiliate for the three months ended March 31, 1999 of (UK
Pound)2.1 million was from the Company's 50% ownership interest in Cable London.

The Company  incurred costs of (UK  Pound)145,000  in 1999  associated  with the
amalgamation with NTL.

Exchange  losses and other for the three  months  ended  March 31, 2000 and 1999
were (UK Pound)6.7 million and (UK Pound)7.7 million, respectively, representing
a decrease of (UK Pound)1.0  million from 1999 as compared to the same period in
2000.  This decrease  primarily  resulted from the impact of fluctuations in the
valuation of the UK Pound  Sterling on the 2007 Discount

                                       10
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000

Debentures,  which are  denominated  in US  dollars.  The  Company's  results of
operations will continue to be affected by exchange rate fluctuations.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
--------------------------------------------------------------------------------

Certain statements contained herein constitute  "forward-looking  statements" as
that term is defined under the provisions of the Private  Securities  Litigation
Reform  Act of 1995.  When  used  herein,  the  words  "believe,"  "anticipate,"
"should,"   "intend,"  "plan,"  "will,"  "expects,"   "estimates,"   "projects,"
"positioned,"  "strategy," and similar expressions identify such forward-looking
statements.  Such  forward-looking  statements  involve known and unknown risks,
uncertainties  and other factors that may cause the actual results,  performance
or achievements of the Company, or industry results, to be materially  different
from those contemplated,  projected,  forecasted, estimated or budgeted, whether
expressed or implied, by such forward-looking  statements. Such factors include,
among others: general economic and business conditions, the Company's ability to
continue  to design  networks,  install  facilities,  obtain  and  maintain  any
required  governmental  licenses  or  approvals  and  finance  construction  and
development,  all in a timely  manner at  reasonable  costs and on  satisfactory
terms and conditions,  as well as assumptions about customer  acceptance,  churn
rates,  overall market penetration and competition from providers of alternative
services,  the  impact  of  new  business  opportunities  requiring  significant
up-front investment, and availability, terms and deployment of capital.

                                       11
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000

ITEM 3.   QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
-------   ----------------------------------------------------------

There have not been any material  changes in the reported market risks since the
end of the most recent fiscal year.

PART II.  OTHER INFORMATION
--------  -----------------

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K
-------   --------------------------------

          (a)  Exhibits:

               3.5  Amended and Restated  Operating  Agreement of NTL (Triangle)
                    LLC, dated as of April 3, 2000.

               27   Financial Data Schedule

          (b)  Reports on Form 8-K:

               During the quarter  ended  March 31,  2000,  the Company  filed a
               Report on Form 8-K\A dated January 28, 2000 reporting  under Item
               2,   Acquisition  or   Disposition  of  Assets,   that  financial
               statements  of  the  acquired  business,  Cablelink  Limited  and
               unaudited pro forma  financial  information  for the  Registrant,
               were filed under Item 7.



                                       12
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                          QUARTER ENDED MARCH 31, 2000

                                   SIGNATURES
                                   ----------

         Pursuant to the  requirements  of the  Securities  and  Exchange Act of
1934,  the  Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                             NTL (TRIANGLE) LLC
                             ---------------------------------------------------
                             (Registrant)
                             By:  NTL Group Limited
                                  Its Sole Managing Member



Date: May 11, 2000           By: /s/ Leigh C. Wood
                             ---------------------------------------------------
                              Leigh C. Wood
                             (Chairman of the Board, Director, and Principal
                             Executive Officer of NTL Group Ltd., the sole
                             managing member) on behalf of registrant



Date: May 11, 2000           By: /s/ David Kelham
                             ---------------------------------------------------
                             David Kelham
                             (Principal Accounting and Financial Officer and
                             Director of NTL Group Ltd., the sole managing
                             member) on behalf of registrant


                                       13
<PAGE>
                                  EXHIBIT INDEX

          2.l     Reorganization Agreement, dated 19 September 1994, among
                  Warburg, Pincus Investors, L.P., Bankers Trust Investments PLC
                  ("Bankers Trust"), Comcast Corporation ("Comcast"), Comcast
                  U.K. Holdings, Inc., ("Holdings"), the Company and UK Cable
                  Partners Limited ("UKCPL"). (1)
          2.2     Agreement and Plan of Amalgamation dated 4 February 1998 among
                  NTL Incorporated, NTL (Bermuda) Limited and the Company, as
                  amended. (7)
          2.3     Deed of Transfer, dated December 13, 1999. (9)
          3(i)    Memorandum of Association of the Company. (2)
          3(ii)   By-laws of the Company. (2)
          3.1     Certificate of Formation, filed with the Delaware Secretary of
                  State on November 12, 1999. (8)
          3.2     Certificate of Amendment, filed with the Delaware Secretary of
                  State on November 18, 1999. (8)
          3.3     Operating Agreement of NTL (Triangle) LLC, dated as of
                  November 14, 1999. (8)
          3.4     Corrected Certificate of Conversion, filed with the Delaware
                  Secretary of State on November 16, 1999. (8)
          3.5     Amended and Restated Operating Agreement of NTL (Triangle)
                  LLC, dated as of April 3, 2000.
          4.l     Form of Certificate for Class A Common Shares, par value (UK
                  Pound)0.01 per share. (2)
          4.2     Indenture dated as of 15 November 1995, between the Company
                  and Bank of Montreal Trust Company, as Trustee, in respect of
                  the Company's 11.20% Senior Discount Debentures Due 2007 (the
                  "2007 Debentures"). (1)
          10.1    Subscription and Contribution Agreement, dated 26 October
                  1992, among Comcast, UKCPL, the Company, Holdings, Comcast
                  Cablevision of Birmingham, Inc. ("Comcast Birmingham") and
                  Comcast Cablevision of London, Inc. (2)
          10.2    Shareholders Agreement, dated 11 December 1992 (the
                  "Shareholders Agreement"), among Holdings, UKCPL, the Company
                  and Comcast. (2)
          10.3    Supplemental Agreement, dated 21 June 1995, among the Company,
                  Comcast Consulting, Comcast, Holdings, Warburg Pincus and UK
                  Consulting to the NewCo Services Agreement, the Delegation
                  Agreement and the Shareholders Agreement. (3)
          10.4    Share Exchange Agreement, dated 4 December 1995, among
                  Singapore Telecom International Pte. Limited, Cambridge Cable,
                  the Company and Holdings. (5)
          10.5    Share Exchange Agreement, dated 5 May 1994, between Avalon
                  Telecommunications L.L.C. and the Company. (2)
          10.6    Agreement dated August 14, 1998 among Telewest Communications
                  plc, Telewest Communications Holding Limited, the Company and
                  NTL Incorporated. (6)
          27      Financial Data Schedule.
          99.1    Consolidated financial statements of Cambridge Holding Company
                  Limited (a United Kingdom corporation in the prematurity
                  stage) and subsidiaries as of and for the years ended December
                  31, 1995 and 1994. (6)
     ---------------
     (1)   Incorporated by reference to the Company's Registration Statement on
           Form S-1 (File No. 33-96932) declared effective November 9, 1995.
     (2)   Incorporated by reference to the Company's Registration Statement on
           Form S-1 (File No. 33-76160) declared effective September 20, 1994.
     (3)   Incorporated by reference to the Company's Quarterly Report on Form
           10-Q, filed for the quarter ended June 30, 1995 (File No. 0-24792).
     (4)   Incorporated by reference to the Company's Quarterly Report on Form
           10-Q, filed for the quarter ended March 31, 1995 (File No. 0-24792).
     (5)   Incorporated by reference to the Company's Current Report on Form
           8-K, filed January 22, 1996.
     (6)   Incorporated by reference to NTL Incorporated's Current Report on
           Form 8-K dated August 18, 1998. (File No. 000-22616).
     (7)   Incorporated by reference to NTL's Registration Statement on Form S-4
           (File No. 333-64727).
     (8)   Incorporated by reference to the Company's Current Report on Form
           8-K, filed December 9, 1999.
     (9)   Incorporated by reference to the Company's Current Report on Form
           8-K, filed December 28, 1999.

                                       14