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Ignitionnet · 02-03-2009, 10:54

The general response from the financial people to the results was positive. It should be remembered that it's highly likely Virgin will be sold at some point soon, selling the TV production side will not only give cash for repayment of debt but will also slim down the company ready for such an acquisition.

Hope Liberty or one of the big US companies acquire it.

EDIT: By the way a quick look at how cable companies can be run is in order, it's actually not in Virgin's interest to be making net profit at the moment, they have significant tax losses to claim at some point which are helped through fast write downs.

02-03-2009, 10:54	#4
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: Virgin Media Losses The general response from the financial people to the results was positive. It should be remembered that it's highly likely Virgin will be sold at some point soon, selling the TV production side will not only give cash for repayment of debt but will also slim down the company ready for such an acquisition. Hope Liberty or one of the big US companies acquire it. EDIT: By the way a quick look at how cable companies can be run is in order, it's actually not in Virgin's interest to be making net profit at the moment, they have significant tax losses to claim at some point which are helped through fast write downs.