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Standard User MHC
(sensei) Wed 06-Feb-13 08:04:56
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Virgin Media to be sold ...


[link to this post]
 
http://www.bbc.co.uk/news/business-21347814


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M H C


taurus excreta cerebrum vincit
Standard User Chrysalis
(eat-sleep-adslguide) Wed 06-Feb-13 08:17:46
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Re: Virgin Media to be sold ...


[re: MHC] [link to this post]
 
might explain VM's refusal to pay for upgrades outside of for new products then as that will have improved cashflow.

Seems this time a proper takeover rather than just using branson to rebrand so could be interesting times ahead for VM.

BT Infinity 2 Since Dec 2012 - Estimate 65.9/20 - Attainable peak 110/36 - Current Sync 71/20
Standard User RobertoS
(sensei) Wed 06-Feb-13 08:21:30
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Re: Virgin Media to be sold ...


[re: MHC] [link to this post]
 
subject to shareholder and regulatory approval,
a cash and stock deal worth $23.3bn (£15bn).
Liberty Global announcement.
Virgin Media reported its operating profit rose nearly 30% to £699.1m last year.

It said it added a record 88,700 new customers to its cable business during the year.


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Allergy information: This post was manufactured in an environment where nuts are present. It may include traces of understatement, litotes and humour.

Edited by RobertoS (Wed 06-Feb-13 08:43:42)


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Standard User MHC
(sensei) Wed 06-Feb-13 09:28:24
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Re: Virgin Media to be sold ...


[re: Chrysalis] [link to this post]
 
There is an intent to add $3bn to VMs debt ... what will that do to the end user price, any caps that they may put in place, upgrades to the network, customer service and upgrades ...


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M H C


taurus excreta cerebrum vincit
Standard User gomezz
(eat-sleep-adslguide) Wed 06-Feb-13 09:39:24
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Re: Virgin Media to be sold ...


[re: MHC] [link to this post]
 
Who cares? It is a local business for local people and of no concern to those of us in most of the country.

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