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:
                               SEPTEMBER 30, 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 September 30, 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.  The  Registrant  meets  the  conditions  set  forth  in  General
Instruction  H(1)(a) and (b) of Form 10-Q and is therefore filing this form with
the reduced disclosure format.
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000

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

        Item 1. Financial Statements

                Condensed Consolidated Balance Sheets as of
                September 30, 2000 (Unaudited) and December 31, 1999...........2

                Condensed Consolidated Statements of Operations
                for the Nine and Three Months Ended September 30, 2000 and
                1999 (Unaudited)...............................................3

                Condensed Consolidated Statement of Shareholder's Equity
                for the Nine Months Ended September 30, 2000 (Unaudited).......4

                Condensed Consolidated Statements of Cash Flows for
                the Nine Months Ended September 30, 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

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

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

        SIGNATURES............................................................13


<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000

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

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

<TABLE>
<CAPTION>
                                                                                 September 30,         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)12,764     (UK Pound)27,895
   Accounts receivable, less allowance for doubtful accounts of
     (UK Pound)8,160 (2000) and (UK Pound)9,452 (1999)......................               12,518               10,170
   Due from affiliate.......................................................                   78                    -
   Other current assets.....................................................               11,992                4,240
                                                                                -----------------    -----------------
       Total current assets.................................................               37,352               42,305

Property and equipment, net.................................................              438,854              382,078
Intangible assets, net......................................................              402,330              434,333
Other assets, net...........................................................               25,926               42,553
                                                                                -----------------    -----------------
                                                                                (UK Pound)904,462    (UK Pound)901,269
                                                                                =================    =================

Liabilities and shareholder's equity

Current liabilities
   Accounts payable and accrued expenses....................................     (UK Pound)54,720     (UK Pound)34,431
   Deferred revenue.........................................................               11,190               10,572
   Due to affiliates........................................................               22,983                5,905
   Current portion of long-term debt........................................                  811                  864
                                                                                -----------------    -----------------
     Total current liabilities..............................................               89,704               51,772

Long-term debt, less current portion........................................              348,129              293,285

Commitments and contingent liabilities

Deferred income taxes.......................................................                7,554                8,237

Minority interest...........................................................               15,160                    -

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)...................................               (1,473)                (189)
   Retained earnings........................................................               81,414              184,190
                                                                                -----------------    -----------------
     Total shareholder's equity.............................................              443,915              547,975
                                                                                -----------------    -----------------
                                                                                (UK Pound)904,462    (UK Pound)901,269
                                                                                =================    =================
</TABLE>

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

See accompanying notes.

                                       2
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                 -----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                      Nine Months Ended                      Three Months Ended
                                                        September 30,                           September 30,
                                                 2000                  1999               2000                  1999
                                          ------------------     -----------------  -----------------    ----------------
                                                                     (in (UK Pound)000's)
<S>                                        <C>                    <C>               <C>                 <C>
Revenue.............................       (UK Pound)117,291      (UK Pound)80,822  (UK Pound)39,679    (UK Pound)33,342
                                          ------------------     -----------------  -----------------    ----------------

Costs and expenses
   Operating........................                  45,409                29,513            18,441              13,547
   Selling, general and administrative                56,085                30,712            22,495              10,646
   Depreciation and amortization....                  62,692                37,255            22,600              19,728
                                          ------------------     -----------------  -----------------    ----------------
                                                     164,186                97,480            63,536              43,921
                                          ------------------     -----------------  -----------------    ----------------

Operating loss......................                 (46,895)              (16,658)          (23,857)            (10,579)

Other income (expense)
   Interest expense.................                 (26,271)              (23,650)           (9,294)             (8,114)
   Investment income................                   1,234                 3,583               436                 903
   Equity in net loss of affiliate..                       -                (5,573)                -              (1,601)
   Amalgamation costs...............                       -                  (145)                -                   -
   Exchange (losses) gains and other..               (31,444)               (3,462)           (8,978)             10,259
                                          ------------------     -----------------  -----------------    ----------------
                                                     (56,481)              (29,247)          (17,836)              1,447
                                          ------------------     -----------------  -----------------    ----------------

Loss before income taxes............                (103,376)              (45,905)          (41,693)             (9,132)
Income tax benefit (provision)......                     600                   (92)              525                 (92)
                                          ------------------     -----------------  -----------------    ----------------

Net loss............................      (UK Pound)(102,776)    (UK Pound)(45,997) (UK Pound)(41,168)   (UK Pound)(9,224)
                                          ==================     =================  =================    ================

</TABLE>
See accompanying notes.

                                       3


<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000
            CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDER'S EQUITY
            --------------------------------------------------------
                                   (Unaudited)
                              (in (UK Pound)000's)


<TABLE>
<CAPTION>
                                          Common
                                         Membership
                                         Interests            Additional         Comprehensive
                                    Shares       Amount         Capital               Loss
                                   --------    -----------  -----------------   ------------------
<S>                                <C>         <C>          <C>                 <C>
Balance at December 31, 1999.       800,000    (UK Pound)8  (UK Pound)363,966
      Net loss...............                                                   (UK Pound)(102,776)
      Currency translation
        adjustment...........                                                               (1,284)
                                                                                ------------------
      Comprehensive loss...                                                     (UK Pound)(104,060)
                                   --------    -----------  -----------------   ------------------
Balance at September 30, 2000       800,000    (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...............                                  (102,776)          (102,776)
      Currency translation
        adjustment...........                (1,284)                                (1,284)

      Comprehensive loss...
                                     --------------   -----------------  -----------------
Balance at September 30, 2000      (UK Pound)(1,473)   (UK Pound)81,414  (UK Pound)443,915
                                   ================   =================  =================
</TABLE>

See accompanying notes.

                                       4
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                 -----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                             Nine Months Ended
                                                                                                September 30,
                                                                                        2000                  1999
                                                                                 -----------------      ----------------
                                                                                          (in (UK Pound)000's)
<S>                                                                               <C>                   <C>
Net cash provided by operating activities................................         (UK Pound)41,399      (UK Pound)21,605
                                                                                 -----------------      ----------------

Investing activities
   Cash of subsidiary at acquisition.....................................                        -                 1,536
   Purchases of marketable securities....................................                   (2,166)                    -
   Proceeds from sales of marketable securities..........................                    2,199                     -
   Fixed asset deposit with affiliate....................................                        -               (51,915)
   Capital expenditures..................................................                  (70,514)              (39,099)
   Additions to deferred charges.........................................                        -                   (54)
                                                                                 ------------------     -----------------

         Net cash used in investing activities...........................                  (70,481)              (89,532)
                                                                                 ------------------     -----------------

Financing activities
   Proceeds from investment in subsidiary................................                   15,560                     -
   Principal payments....................................................                   (1,223)              (14,711)
                                                                                 ------------------     -----------------

         Net cash provided by (used in) financing activities.............                   14,337               (14,711)

         Effect of exchange rate changes on cash.........................                     (386)                  (21)
                                                                                 ------------------     -----------------

(Decrease) in cash and cash equivalents..................................                  (15,131)              (82,659)

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

Cash and cash equivalents, end of period.................................         (UK Pound)12,764      (UK Pound)20,792
                                                                                 =================      ================

Supplemental disclosure of cash flow information
   Cash paid during the period for interest..............................            (UK Pound)177         (UK Pound)573

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 SEPTEMBER 30, 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 nine and three  months  ended  September  30, 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  does not  anticipate
     that the  adoption  of SFAS No. 133 will have a  significant  effect on its
     financial position or results of operations.

2.   Comprehensive Loss

     The Company's  comprehensive  loss for the nine months ended  September 30,
     2000  and  1999  was  (UK   Pound)104,060,000   and  (UK  Pound)45,997,000,
     respectively.  The Company's  comprehensive loss for the three months ended
     September   30,   2000   and  1999   was  (UK   Pound)42,627,000   and  (UK
     Pound)9,224,000, 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)125.0  million,  plus  (UK
     Pound)5.0 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)428.0 million in cash.


                                       6
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 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>
                                                                            Nine Months           Three Months
                                                                               Ended                  Ended
                                                                         September 30, 1999    September 30, 1999
                                                                         -------------------   --------------------
<S>                                                                       <C>                    <C>
     Results of operations:
          Service income...............................................   (UK Pound)58,702       (UK Pound)20,128
          Operating, selling, general and administrative expenses......            (40,844)               (13,579)
          Depreciation and amortization................................            (17,844)                (5,923)
          Operating income.............................................                 14                    626
          Net loss.....................................................            (10,854)                (3,103)
          Company's equity in net loss.................................             (5,573)                (1,601)
</TABLE>

5.   Property and Equipment

     Property and equipment consist of (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                              September 30,         December 31,
                                                                                   2000                 1999
                                                                             -----------------   -----------------
                                                                                (Unaudited)
<S>                                                                          <C>                 <C>
     Operating equipment................................................     (UK Pound)478,585   (UK Pound)436,117
     Other equipment....................................................                54,670              39,523
     Construction in progress...........................................                33,714               4,358
                                                                             -----------------   -----------------
                                                                                       566,969             479,998
     Accumulated depreciation...........................................              (128,115)            (97,920)
                                                                             -----------------   -----------------
                                                                             (UK Pound)438,854   (UK Pound)382,078
                                                                             =================   =================
</TABLE>

6.   Intangible Assets

     Intangible assets consist of (in (UK Pound)000's):
<TABLE>
<CAPTION>
                                                                              September 30,         December 31,
                                                                                   2000                 1999
                                                                             -----------------   -----------------
                                                                               (Unaudited)
<S>                                                                          <C>                <C>
      Goodwill, net of accumulated amortization of
          (UK Pound)29,223 (2000) and (UK Pound)11,928 (1999)............    (UK Pound)316,676   (UK Pound)333,971
      License acquisition costs, net of accumulated amortization
          of (UK Pound)9,017 (2000) and (UK Pound)3,607 (1999)...........               27,051              32,461
      Customer lists, net of accumulated amortization of
          (UK Pound)6,654 (2000) and (UK Pound)1,616 (1999)..............               25,668              30,706
      Other, net of accumulated amortization of (UK Pound)25,428 (2000)
          (UK Pound)21,168 (1999)........................................               32,935              37,195
                                                                             -----------------   -----------------
                                                                              (UK Pound)402,330  (UK Pound)434,333
                                                                             =================   =================
</TABLE>


                                      7
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 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(UK  Pound)535.18  million
     ((UK  Pound)405.7  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 nine
     months ended  September  30, 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)96,995
          Net loss.....................................             (62,383)

7.   Joint Purchasing Alliance Agreement

     Other assets  includes a deposit of (UK  Pound)25.6  million  which will be
     utilized under a Joint Purchasing  Alliance  Agreement entered into between
     subsidiaries  of the Company and Diamond Cable  Communications  Limited,  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)16.6  million and (UK
     Pound)10.1  million for the nine and three months ended September 30, 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 SEPTEMBER 30, 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  currently  estimates  that  it  will  require   approximately  (UK
Pound)75.6  million from October 1, 2000 through  September 30, 2001 for capital
expenditures and debt service,  net of cash from operations.  Management expects
that the (UK  Pound)75.6  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)25.6  million.  Subsidiaries  of the
Company and Diamond Cable  Communications  Limited, 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 operating activities amounted to (UK Pound)41.4 million and
(UK  Pound)21.6  million for the nine months ended  September 30, 2000 and 1999,
respectively.  The  increase in net cash  provided by  operating  activities  is
primarily  due to the  changes in  working  capital as a result of the timing of
receipts and disbursements.

Net cash used in investing activities amounted to (UK Pound)70.5 million and (UK
Pound)89.5  million  for the nine  months  ended  September  30,  2000 and 1999,
respectively.  During the nine months ended September 30, 2000, net cash used in
investing  activities  includes capital  expenditures of (UK Pound)70.5 million.
During the nine months  ended  September  30,  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)39.1 million.

Net cash provided by financing activities amounted to (UK Pound)14.3 million for
the nine months ended  September 30, 2000 which includes (UK Pound)15.6  million
in cash  received by  Cablelink  from a subsidiary  of NTL net of (UK  Pound)1.2
million for debt principal  payments.  Net cash used in financing  activities of
(UK  Pound)14.7  million for the nine months ended  September  30, 1999 includes
debt principal  payments of (UK Pound)1.6  million and the repayment at maturity
of the (UK  Pound)13.1  million  due under the note  payable  to  Comcast  U. K.
Holdings, Inc.

                                       9

<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 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 nine and
three months ended September 30, 2000 and 1999 is as follows (in thousands, "NM"
denotes percentage is not meaningful):

<TABLE>
<CAPTION>
                                                      Nine Months Ended
                                                         September 30,                  Increase/(Decrease)
                                                  2000                  1999           (UK Pound)        %
                                              ------------------   ---------------- ---------------- --------
<S>                                            <C>                 <C>              <C>               <C>
Revenue.....................................   (UK Pound)117,291   (UK Pound)80,822 (UK Pound)36,469     45.1%
Operating, selling, general and
  administrative expenses...................             101,494             60,225           41,269     68.5
Depreciation and amortization...............              62,692             37,255           25,437     68.3
                                              ------------------    ---------------
Operating loss..............................             (46,895)           (16,658)          30,237    181.5
Interest expense............................             (26,271)           (23,650)           2,621     11.1
Investment income...........................               1,234              3,583           (2,349)   (65.6)
Equity in net loss of affiliate.............                   -             (5,573)          (5,573)  (100.0)
Amalgamation costs..........................                   -               (145)            (145)  (100.0)
Exchange losses and other...................             (31,444)            (3,462)          27,982    808.3
                                              ------------------    ---------------
Loss before income taxes....................            (103,376)           (45,905)          57,471    125.2
Income tax provision........................                 600                (92)             692    752.2
                                              ------------------    ---------------
Net loss....................................  (UK Pound)(102,776) (UK Pound)(45,997)          56,779    123.4%
                                              ==================  =================
</TABLE>

<TABLE>
<CAPTION>
                                                     Three Months Ended
                                                       September 30,                   Increase/(Decrease)
                                                 2000                   1999           (UK Pound)        %
                                              ------------------   ---------------- ---------------- --------
<S>                                            <C>                <C>               <C>                <C>
Revenue.....................................    (UK Pound)39,679   (UK Pound)33,342  (UK Pound)6,337     19.0%
Operating, selling, general and
  administrative expenses...................              40,936             24,193           16,743     69.2
Depreciation and amortization...............              22,600             19,728            2,872     14.6
                                              ------------------    ---------------
Operating loss..............................             (23,857)           (10,579)          13,278    125.5
Interest expense............................              (9,294)            (8,114)           1,180     14.5
Investment income...........................                 436                903             (467)   (51.7)
Equity in net loss of affiliate.............                   -             (1,601)          (1,601)  (100.0)
Exchange (losses) gains and other...........              (8,978)            10,259          (19,237)  (187.5)
                                              ------------------    ---------------
Loss before income taxes....................             (41,693)            (9,132)          32,561    356.6
Income tax provision........................                 525                (92)             617    670.7
                                              ------------------    ---------------
Net loss....................................   (UK Pound)(41,168)  (UK Pound)(9,224)          31,944    346.3%
                                              ==================  =================
</TABLE>

Substantially  all of the increases in revenues,  operating  expenses,  selling,
general and  administrative  expenses and depreciation and amortization  expense
for the nine and three months ended  September 30, 2000, as compared to the same
periods  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.

                                       10
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 2000

Beginning  in the fourth  quarter of 1999, a  subsidiary  of NTL  Communications
Corp. began charging the Company for management,  financial, legal and technical
services it provides to the Company.  These charges were (UK Pound)16.6  million
and (UK  Pound)10.1  million for the nine and three months ended  September  30,
2000,  respectively,  which are included in selling,  general and administrative
expenses.

Beginning in the third quarter of 2000,  certain costs previously  classified as
selling,  general and  administrative  expenses were  re-classified as operating
costs in order to be consistent with the other NTL companies. The Company is not
currently able to reclassify prior years in the same manner.  In the nine months
ended  September 30, 2000,  this  movement  resulted in an increase in operating
costs  of  (UK  Pound)5.7  million  and  a  decrease  in  selling,  general  and
administrative expenses of (UK Pound)5.7 million.

Interest expense for the nine and three months ended September 30, 2000 and 1999
was (UK Pound)26.3 million,  (UK Pound)23.7  million,  (UK Pound)9.3 million and
(UK Pound)8.1  million,  respectively,  representing  increases of (UK Pound)2.6
million and (UK Pound)1.2  million,  respectively,  from 1999 as compared to the
same  periods  in  2000.  The  increases  are  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 nine and three  months ended  September  30, 2000 and
1999 was (UK Pound)1.2 million, (UK Pound)3.6 million, (UK Pound)436,000 and (UK
Pound)903,000, respectively, representing decreases of (UK Pound)2.3 million and
(UK  Pound)467,000,  respectively,  from 1999 as compared to the same periods in
2000. The decreases are 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 periods in 1999.

Equity in net loss of affiliate  for the nine and three  months ended  September
30, 1999 of (UK Pound)5.6 million and (UK Pound)1.6 million,  respectively,  was
from the Company's 50% ownership interest in Cable London.

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

Exchange  (losses) gains and other for the nine and three months ended September
30, 2000 and 1999 were (UK Pound)(31.4)  million,  (UK Pound)(3.5)  million, (UK
Pound)(9.0)  million  and (UK  Pound)10.3  million,  respectively,  representing
increases of (UK Pound)28.0  million and (UK Pound)19.2  million,  respectively,
from 1999 as  compared  to the same  periods in 2000.  The  increases  primarily
resulted  from the  impact  of  fluctuations  in the  valuation  of the UK Pound
Sterling on the 2007 Discount  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 SEPTEMBER 30, 2000

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

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

          (a)  Exhibits:

               27       Financial Data Schedule

          (b)  Reports on Form 8-K:

               No  reports  on Form 8-K were  filed by the  Company  during  the
               quarter ended September 30, 2000.





                                       12
<PAGE>
                       NTL (TRIANGLE) LLC AND SUBSIDIARIES
                                    FORM 10-Q
                        QUARTER ENDED SEPTEMBER 30, 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: November 13, 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: November 13, 2000                     By: /s/ David W. Kelham
                                            ------------------------------------
                                            David W. Kelham
                                            (Principal Accounting and Financial
                                            Officer and Director of NTL Group
                                            Ltd., the sole managing member) on
                                            behalf of registrant


                                       13