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Re: Virgin up for sale?
I think that the same is happening, as to what is happening to all the main High Street brands.
With VM is that another company ie Liberty Global has seen a company that needs a buy out, and bingo. VM has not been run properly, and by the amount of people on this forum have said, that the TV service is poor. What l can see is that this new company, IF it buys VM will revamp it and probably make it a better company and get rid of the dea wood and false promises it gives out. As l said in America, the amount of Cable Tv companies is endless. |
Re: Virgin up for sale?
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Re: Virgin up for sale?
Just Announced on Sky news possible sale of Virgin media to Liberty Global virgin media valued at £13 Billion plus it has £5.7 Billion of dept
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Re: Virgin up for sale?
I would only be happy if it meant the stop in the crazy price increases and more investment in their cable network meaning better speeds and new houses.
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Cheers Grim |
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I only really want one new channel, Atlantic. And, yes, I'm really irritated that it looks as if we won't be getting More4HD, but that doesn't make it poor; two channels as a percentage of the ones we get is insignificant. Having said that, if we end up being taken over by a company that has more resources and clout to compete with Sky, it will be a good thing. Whether these guys are that company, I'm not qualified to say. And don't forget, TV channels is only one aspect of VM. I still think VMs set top box and broadband are far superior to Sky's offering. |
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Just like some on a weekend:D |
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I would say absolutely not. The virgin brand is what holds it all together. The use of the Virgin brand is one of the biggest assets the company has, and compared to the revenues they get it cheap. If UPC can get a deal to extend the Virgin Brand to Europe and roll out TiVo etc. well who knows. I think anything could happen, but I doubt very much that the virgin brand would go, I'd bet your mortgage on it. |
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Re: Virgin up for sale?
A done deal at below $50 per share.....
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Re: Virgin up for sale?
Thanks for the link Grim. :tu:
I have just been reading the following report and particularly like the part where it says Quote:
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I think BT is now virgins main competitor, they focused on Sky so much they didn't notice BT creep up and equal virgins core product. That would be the high speed Internet. Right now anyone can see Virginmedia NEED this buyout, by April they will be third largest BB provider and the only one in the top 3 that throttles it's service. |
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Yes, the virgin brand is big, but I don't see it fitting into Liberty's empire long term. I think they'll ditch it at the first opportunity. One billionaire will not want another billionaire's brand on his company. But I do agree the virgin brand has been a "puller" for the cableco. But the brand is too associated to Branson, so will go. As for roll out of tivo to Europe, not a chance for a simple reason. UPC have just rolled out new epg software to cable boxes called Horizon in several countries, they will not swap that for tivo now. The question to ask is, will tivo in the uk be axed in the future in favour of Horizon? ---------- Post added at 23:23 ---------- Previous post was at 23:19 ---------- Quote:
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