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-   -   US Cable Giant Liberty Global buys Virgin Media (https://www.cableforum.uk/board/showthread.php?t=33691873)

Itshim 07-02-2013 14:46
Re: US Cable Giant Liberty Global buys Virgin Media
 
As stated by myself & others here it all about the "money"
http://www.ft.com/cms/s/0/6e390f1a-7...#axzz2KDkCVvIR

devilincarnate 07-02-2013 15:50
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Stephen (Post 35533463)

VM already are giving jobs UK people. Andrew Barren was at the Bellshill call Centre a few weeks ago and announced new jobs for the centre.
Quote:
Liberty and Virgin admitted the merger could lead to a small number of job losses.
http://www.mirror.co.uk/money/city-n...-quids-1590637

Chris 07-02-2013 15:54
Re: US Cable Giant Liberty Global buys Virgin Media
 
A certain number of job losses are inevitable in any acquisition, but these are usually confined to head office functions that no longer need to be duplicated in both the acquiring and the acquired companies. That's not news.

What would be news would be if Liberty announced it had a radically different idea about how the VM business should be run and went about sacking service delivery staff in pursuit of that. But there seems to be no suggestion of that happening for the foreseeable future.

devilincarnate 07-02-2013 16:01
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Chris (Post 35533502)
A certain number of job losses are inevitable in any acquisition, but these are usually confined to head office functions that no longer need to be duplicated in both the acquiring and the acquired companies. That's not news.

What would be news would be if Liberty announced it had a radically different idea about how the VM business should be run and went about sacking service delivery staff in pursuit of that. But there seems to be no suggestion of that happening for the foreseeable future.
Agree 100% Chris as you say that this is normally the case and we know the first to go is Neil:)

Mr Banana 07-02-2013 16:02
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by devilincarnate (Post 35533505)
Agree 100% Chris as you say that this is normally the case and we know the first to go is Neil:)
By his choice though.

devilincarnate 07-02-2013 16:05
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Top banana (Post 35533506)
By his choice though.
How much money will it save off the wage bill though:confused:

Media Boy UK 07-02-2013 16:08
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Stephen (Post 35533463)
Are you still reading the press release from the day before regarding the talks or the one yesterday confirming the deal?

Nothing will change from a customer viewpoint, so there is nothing else for them to tell customers. VM will still be ran as it is now. For the forseeable future its BAU.

VM already are giving jobs UK people. Andrew Barren was at the Bellshill call Centre a few weeks ago and announced new jobs for the centre.
I think the Virgin Media HQ (Not the UK one) in the good old USA will close as part of this deal with Virgin Media new owners.

Itshim 07-02-2013 16:31
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by devilincarnate (Post 35533507)
How much money will it save off the wage bill though:confused:

My guess & its only that :dozey: Not a penny

devilincarnate 07-02-2013 16:38
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Itshim (Post 35533516)
My guess & its only that :dozey: Not a penny
Nice pay off of about £53 mill and a lot in shares, he could say that he would give it all back (like ffffffffffffffffffffffffff):D

BenMcr 07-02-2013 16:42
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by devilincarnate (Post 35533519)
Nice pay off of about £53 mill and a lot in shares, he could say that he would give it all back (like ffffffffffffffffffffffffff):D
Personally think whatever he gets paid he's earned.

Itshim 07-02-2013 16:44
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by BenMcr (Post 35533521)
Personally think whatever he gets paid he's earned.
The Shareholders I am sure would agree with you. Hope you were in what I guess is a share saving scheme.:)

devilincarnate 07-02-2013 16:53
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Itshim (Post 35533523)
The Shareholders I am sure would agree with you. Hope you were in what I guess is a share saving scheme.:)
Yes there is and there are about 4,300 staff in it from what I have read but could be more?

Itshim 07-02-2013 16:55
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by devilincarnate (Post 35533528)
Yes there is and there are about 4,300 staff in it from what I have read but could be more?

Good luck to them - I wonder if Carl had shares :D I do so miss his wit & sweet kind comments.

denphone 07-02-2013 17:04
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by Itshim (Post 35533529)
Good luck to them - I wonder if Carl had shares :D I do so miss his wit & sweet kind comments.
Now now Victor l never knew you was that close.:romance::naughty:

Itshim 07-02-2013 17:12
Re: US Cable Giant Liberty Global buys Virgin Media
 
Quote:
Originally Posted by denphone (Post 35533535)
Now now Victor l never knew you was that close.:romance::naughty:
You have to admit he livened up this site. By the way have you tried to Google his name . It that really our old "friend". Tried mine - it was interesting - but not me !!. Glad to see I maintain a low profile ;)


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