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Re: Liberty Global 2015 Results - 16 Feb
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Re: Liberty Global 2015 Results - 16 Feb
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Quote - BT has spent £55 billion on infrastructure and paid £40 billion in taxes since privatisation. |
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Which is a fraction of what it would cost to create BT's network. Not forgetting the amount it has received in grants. |
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We, although I prefer to be referred to in the singular, aren't ignoring it. If you'd read my blog you may note I quote a figure for the amount Openreach have received as part of the BDUK scheme. About £700 million so far. The total is going to be less than £1.7 billion when all is said and done. That was the maximum and funds are being handed back due to take-up. You may want to look into what gap funding is. As take up is exceeding predictions it's shrinking the gap between BT's normal commercial case and the intervention areas, hence smaller gaps to be filled with state funding between commercial and intervention areas and BT handing some of the subsidy back. £129 million so far. ---------- Post added at 00:05 ---------- Previous post was at 00:03 ---------- Quote:
It's certainly not a fraction of what it'd cost to create BT's network. That VM can build to 4 million premises, 15% of the UK, for £3 billion should give you an idea of how ridiculous the suggestion that £55 billion is a fraction of what would be needed for universal FTTP, or at least coverage matching the current copper network's conditions, in the UK is. The Analysys Mason paper is if anything quite out of date given modern construction techniques. Those interested could probably pass 80% of the UK's premises for less than £8 billion, from scratch, now. Excuse my bringing facts and properly researched analysis into the discussion. |
Re: Liberty Global 2015 Results - 16 Feb
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An I feel sorry for you if you genuinely believe £8billion would create the current BT/OR network from scratch. |
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If I could be bothered to research (an interesting pastime you should try sometime) I'd probably also find neither NTL or TW built much of the network themselves - rather they bought up smaller franchise's and consolidated. Cheers Grim |
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Re: Liberty Global 2015 Results - 16 Feb
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It was also Telewest that bought NTL and before it became VM it was known as NTL:Teleweest for a while. While NTL did build they did also buy a LOT of smaller cable companies over the years. |
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The 80% was a typo, though. Hit 8 instead of 5 on the number pad. Neither did you note that I said 'VM can build' not 'VM did build'. Project Lightning. Been on a few websites. |
Re: Liberty Global 2015 Results - 16 Feb
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Re: Liberty Global 2015 Results - 16 Feb
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Re: Liberty Global 2015 Results - 16 Feb
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Nodal build for all companies that eventually became Virgin Media stopped pretty much by 2000/2001. Of course there were bits and pieces here and there but, the main build stopped when the Dot Com bubble popped. It had actually started to slow down prior to that. The original cables companies had saddled themselves with lots of debt building the networks, they weren't making much money, and therefore they were easily bought on the cheap. However, you also bought the debt they came with which is why NTL and Telewest got into trouble and both went into Ch.11. Telewest might have undertaken some build under the Telewest name but that would only have been the old Cable North West franchises which they acquired in 1995. Telewest as they were premerger with NTL didn't come into being until around 2000/2001 after they acquired General Cable and Eurobell just before the Poop hit the fan. It wasn't a take over by either company, that's maybe how it looked on paper but it was a merger, as the major shareholder in both companies was the same guy William Huff. anyway that's it for the history. |
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An if you knew if you were on Langley or Bromley you were a nerd. |
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And when will you realise that there is a D on the end of AN in the context that you use the word. |
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