11-11-2008, 21:21
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#11
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Inactive
Join Date: Feb 2007
Posts: 1,170
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Re: Virgin Media Inc shares soaring
Quote:
Originally Posted by Broadbandings
Is it? Knapp as far as I can tell never considered selling network assets at any point.
It would work perfectly from a suitor's point of view. Buy company, secure use of network, flog network, any other money made from retail services with company is clear profit, debt and acquisition costs paid.
Barclay had building a cable and media empire in mind, sadly he dramatically underestimated Sky and considered that cable would be, as in the US, the de facto choice for TV.
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who sold the broadcast division then?
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