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-   Virgin Media News Discussion (https://www.cableforum.uk/board/forumdisplay.php?f=10)
-   -   VM General News Thread (https://www.cableforum.uk/board/showthread.php?t=33703061)

Gavin-D 02-05-2023 17:00
Re: John Malone/Liberty/VM General News Thread
 
Virgin Media O2 has today appointed Ulrik Bengtsson as its new Chief Operating Officer, whilst Julie Agnew has replaced Rob Evans as Managing Director after he left due to health reasons


https://www.ispreview.co.uk/index.ph...expansion.html

Gavin-D 04-05-2023 15:56
Re: John Malone/Liberty/VM General News Thread
 
Virgin Media O2 will publish its Q1 2023 financial results on Wednesday 10th May

Gavin-D 10-05-2023 09:02
Re: John Malone/Liberty/VM General News Thread
 
Virgin Media 02 added 28,800 Fixed Broadband customers in Q1 with the average speed standing at 315Mbps +36% on last year

Fixed customer base grew by 20,900 to 5.8 million

https://news.virginmediao2.co.uk/wp-...gs-Release.pdf

Media Boy UK 31-05-2023 21:42
Re: John Malone/Liberty/VM General News Thread
 
The Telegraph is reporting that both Liberty Global and Warner Bros Discovery has put All3Media up for sale rumoured to be as high as £1bn.

*Both Liberty Global & then called Discovery Communications has own All3Media since May 2014.

https://www.telegraph.co.uk/business...ale-1-billion/

---------- Post added at 21:42 ---------- Previous post was at 20:49 ----------

FREE link for story https://deadline.com/2023/05/warner-...le-1235383801/

Gavin-D 01-06-2023 15:26
Re: John Malone/Liberty/VM General News Thread
 
Virgin Media Ireland has today announced it has started to roll out 2 Gigabit Broadband

The first towns to get 2 Gig Broadband and 99.9% reliability are Tralee, Killarney and Letterkenny with a partial launch in Dublin, Cork and Louth as upgrade work continues in these 3 locations


2GB broadband standalone will cost €64 for the first 12 months and €90 a month after for new customers

2GB broadband with TV will start from €79 for the first 12 months and €124 a month after for new customers the cost is obviously be higher with multi room and sports and or cinema packages

spiderplant 01-06-2023 15:52
Re: John Malone/Liberty/VM General News Thread
 
I wonder what "99.9% reliability" means

1andrew1 01-06-2023 18:23
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by Media Boy UK (Post 36153101)
The Telegraph is reporting that both Liberty Global and Warner Bros Discovery has put All3Media up for sale rumoured to be as high as £1bn.

*Both Liberty Global & then called Discovery Communications has own All3Media since May 2014.

https://www.telegraph.co.uk/business...ale-1-billion/

FREE link for story https://deadline.com/2023/05/warner-...le-1235383801/
WarnerBros Discovery needs the cash, it has about $45bn of long-term debt.

Pierre 01-06-2023 22:24
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by spiderplant (Post 36153144)
I wonder what "99.9% reliability" means
Means it works 99.9% of the time………………….

Gavin-D 02-06-2023 09:14
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by spiderplant (Post 36153144)
I wonder what "99.9% reliability" means
It means it's very reliable and rarely crashes. My Virgin Media internet was 99.9% reliable in May

https://www.cableforum.uk/images/local/2023/06/1.png

cje85 15-06-2023 18:56
Re: John Malone/Liberty/VM General News Thread
 
The Times reports Liberty Global is looking at selling some or all of their VMO2 shareholding:

Quote:
With 5.8 million cable TV customers, 5.7 million broadband customers and 16.1 million mobile customers, Schüler is nipping at the heels of Philip Jansen, chief executive of BT.

However, as its part-owner Liberty Global eyes a sale of all or part its stake, Schuler has his work cut out to prepare VMO2 for a possible stock market float. Customer service at Virgin Media needs improving, cable TV customers are switching off and inflation is driving up the cost of laying fibre cables in the ground.

Last month, Mike Fries, the boss of Liberty Global, the US cable giant that shares ownership of VMO2 with Spain’s Telefonica, hinted that he was open to selling down its 50 per cent stake, which it is allowed to do in June next year. He said VMO2 was an “interesting candidate” for a listing and that it was “always on the table”.
https://www.thetimes.co.uk/article/l...o-bt-rlwjfh6sf

1andrew1 16-06-2023 09:49
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by cje85 (Post 36153868)
The Times reports Liberty Global is looking at selling some or all of their VMO2 shareholding:

https://www.thetimes.co.uk/article/l...o-bt-rlwjfh6sf
I wonder if this could lead to the end of the Virgin Media brand in the UK? It's more cost-effective to have just one brand and O2 seems to have more investment behind it in terms of perks and sponsorship. Plus, the licence fees to Virgin Group would no longer be needed.

TimeLord2018 16-06-2023 10:13
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by 1andrew1 (Post 36153926)
I wonder if this could lead to the end of the Virgin Media brand in the UK? It's more cost-effective to have just one brand and O2 seems to have more investment behind it in terms of perks and sponsorship. Plus, the licence fees to Virgin Group would no longer be needed.
The exclusive license agreement for the brand doesn't run out until 2036 I believe, Guess it would cost them to get out of the agreement early.

---------- Post added at 10:13 ---------- Previous post was at 10:08 ----------

Quote:
Originally Posted by Media Boy UK (Post 36153101)
The Telegraph is reporting that both Liberty Global and Warner Bros Discovery has put All3Media up for sale rumoured to be as high as £1bn.

*Both Liberty Global & then called Discovery Communications has own All3Media since May 2014.

https://www.telegraph.co.uk/business...ale-1-billion/

---------- Post added at 21:42 ---------- Previous post was at 20:49 ----------

FREE link for story https://deadline.com/2023/05/warner-...le-1235383801/
ITV confirms interest
https://advanced-television.com/2023...a-acquisition/

Pierre 16-06-2023 19:35
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by 1andrew1 (Post 36153926)
I wonder if this could lead to the end of the Virgin Media brand in the UK? It's more cost-effective to have just one brand and O2 seems to have more investment behind it in terms of perks and sponsorship. Plus, the licence fees to Virgin Group would no longer be needed.
Well, it’s not certain they will sell.

But you are correct, more than a year down the line and we still have two identities. That doesn’t work. It didn’t work with NTL:Telewest and it doesn’t work now. It is also a barrier within the company with legacy employees hanging on to their former identities, it doesn’t help with integration.

You also have a great point that the O2 brand is just as powerful as the Virgin brand.

A decision will have to be made and unless contractual conditions prevent it, I can certainly see the O2 brand being favoured.

BT seem to be going with EE.

Media Boy UK 16-06-2023 20:26
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by Pierre (Post 36153978)
Well, it’s not certain they will sell.

But you are correct, more than a year down the line and we still have two identities. That doesn’t work. It didn’t work with NTL:Telewest and it doesn’t work now. It is also a barrier within the company with legacy employees hanging on to their former identities, it doesn’t help with integration.

You also have a great point that the O2 brand is just as powerful as the Virgin brand.

A decision will have to be made and unless contractual conditions prevent it, I can certainly see the O2 brand being favoured.

BT seem to be going with EE.
NTLTelewest did sign the deal that included a 30-year exclusive branding agreement deal with Virgin Group back in 2006.

So if they need to pay £2m per year - they would need to pay over £15m to get out of and that before terms and conditions when deal was signed.

Pierre 16-06-2023 23:13
Re: John Malone/Liberty/VM General News Thread
 
Quote:
Originally Posted by Media Boy UK (Post 36153985)
So if they need to pay £2m per year - they would need to pay over £15m to get out
I’m sure it was/is a lot more expensive than that.

£15m is peanuts anyway, if that was the figure.


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