Why don't Virginmedia....
 

I just noticed Smallworld cable have reduced the cost of 50mb bb to £19 and will be rolling the new price out to all customers.

If this happened on Virgin then only new customers would get the new price and old customers would have to pay the "conversion" fee. WHY DON'T VIRGINMEDIA understand the benefit and good word of mouth generated by reducing everyones bill?

Ringing up a lot of loyal customers and saying "Hi Mr X we have just reduced your monthly bill by £10"??

We are all used of what seems to be the eternal price rises or added fee's...Why not give out some good news and put out a large advertising campaign saying.........

AT VIRGINMEDIA WE DIDNT FREEZE CUSTOMERS PRICES FOR 1 YEAR.....WE REDUCED THEM BY £XX

Good idea?

Re: Why don't Virginmedia....
 

Because they already have the advantage of being the only TV and BB provider that can provide half decent internet throughout the UK. Why would they need to drop prices and lose millions in doing so?

Re: Why don't Virginmedia....
 

they probably cant afford offering cheaper broadband or having a more congested network

Re: Why don't Virginmedia....
 

BT can offer upto 40mb
Smallworld cable upto 50mb
talktalk fibre upto 40mb

Re: Why don't Virginmedia....
 

BT can offer Freeview with on demand tacked on.
Smallworld can't offer even half the UK services.
TalkTalk no longer offer TV services.

So my point is proven.

Re: Why don't Virginmedia....
 

Yes your point is proven.:)

Re: Why don't Virginmedia....
 

I dread to think what the service would be like if 50mbit was sold for £19 on VM.

So how are smallworld doing it? no idea but its possibly a loss leader as they selling sky sports for less than the wholesale cost. Bizarre as well that there is no online ordering.

When I was on adsl I deliberatly stayed away from cheap isps as something has to give way when the numbers dont add up, with VM of course tho there is no other cable isp in the area so I chose VM as it pounds adsl down hard. My feelings are on smallworld they loss leading to get a customer base and if their service is currently good it may well nose dive soon.

Re: Why don't Virginmedia....
 

To provide the fastest service VM have to invest... To invest they need profit.

Re: Why don't Virginmedia....
 

To maintain those profits VM need to retain customers to avoid - well I'll say annoying them to avoid the wrath of the mods here. Yet you still get this sort of thing...

https://www.cableforum.co.uk/images/local/2011/10/9.png

from a 50Mbps connection even though it isn't particularly cheap.

Re: Why don't Virginmedia....
 

Every ISP has faults.

Re: Why don't Virginmedia....
 

if its profit u need why have VM just reported losses of £74 million pre tax? lol



http://www.theregister.co.uk/2011/10...ia_q3_results/

Re: Why don't Virginmedia....
 

Simple - depreciation and amortisation, neither of which are a reflection of the company's actual cash income but are used within the net profit/loss statement - a handy way of calming the tax bill down and required as part of writing down the value of purchased assets.

In terms of actual cash that went into the business you need to look at Free Cash Flow: FCF up 13% to £136m for the quarter

'lol'

Re: Why don't Virginmedia....
 

Vodafone had a cheaper approach to reducing their tax bills - just wine and dine the head of HMRC a few times and voilÃ* - a magic write off of a huge tax bill.

Re: Why don't Virginmedia....
 

Or point out that the UK's tax system is on rather shaky ground and threaten some unpleasant legal action which may cost HMRC far more money as other companies we charge for their overseas profits win the right to only pay tax in the jurisdiction the revenue was generated.

That was German income, tax was paid in Germany on German profits, the same income was then taxed again in the UK, this is potentially in contravention of international agreements regarding double taxation and its legality within the EU, though this has not been legally tested yet and HMRC really didn't want to wait for their money while it was.

Rather than reading Private Eye or listening to UKUncut have a look at the specifics of this.

Blame Calamity Broon, the dodgy CFC legislation removing double taxation relief is another of his tax grabs.

Re: Why don't Virginmedia....
 

Guilty as charged m'lud.

Now back to VM... why do they sell the same capacity several times over and take months to upgrade? I'll wait on their response to when the fault they raised for mine will be actioned and if I don't like the answer I'll downgrade to 10Mbps as that's all I get in peak times anyway. If it does come to that I'll desert to Infinity as soon as it's available to me.