The NYSE has given NTL six months to sort out its situation and try to boost its share price above the minimum $1 mark. If it does not, it will be kicked off the NYSE under the exchange's rules.
NTL's stock has been trading under $1 for almost a month and yesterday its shares fell 23% to 29 cents, compared with its 52-week high of $37.35.
At the weekend, NTL, which has already cut 10,000 jobs in the last 12 months, has said it is ready to make more cuts, if necessary, to ensure that it does not spend its remaining £555m cash reserves too quickly.
The warning of further cuts was made by NTL managing director Stephen Carter.
Last week, analysts and investors gave a cautious welcome to NTL's announcement that it had appointed advisers to help it overhaul a £12bn debt pile. The recapitalisation has been described as the most complex in UK corporate history. It calls for half of the cable firm's £12bn debt to be written off by investors.
NTL has already appointed Credit Suisse First Boston to help it restructure its debts and the company has said it will issue "market guidance" on likely future performance and business plans.
It is thought that NTL will announce better-than-expected customer growth figures as well.
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