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Originally Posted by Broadbandings
Or maybe as he heard his division may well be being sold he wanted to move on.
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Well why continue with something that's not a core part of your business. It makes sense to offload it and free up some cash.
NTL as it was did this before selling off its Broadcast Division and it's Republic of Ireland operation the cash from which went towards funding the merger with Telewest and buying Virgin Mobile thus forming the company in it's current form.
The TV side of things came with Telewest, and was not an NTL business. NTL decided long ago 1999/2000 that they wouldn't go down the content road after they failed in acquiring premiership football rights.
Virgin Media want to concentrate being a carrier of content not a provider of it.
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VM as a whole is going nowhere apart from possibly another cableco / private equity company at some point.
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Where do expect them to go, they are already the countries leading broadband provider. The technology and network is far better then their nearest rival.
The only limiting factor is their coverage, in the future they may well be bought out by another company or indeed they may buy another company. The same could be said of any other telco.
In the past couple of years we've already seen Fibrenet, Yourcoms, Thus and Energis be gobbled up by Global Crossing and C&W.
VM is a strong business, there are many options on where they might go from here.