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Re: Virgin Media Q1 Results: 2010
Quote:
Originally Posted by Ignitionnet
One small thing to note in the results:
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http://business.timesonline.co.uk/to...cle7110159.ece
Quote:
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After pushing back the dates at which is must repay some of its £6.1 billion debt, the company is still spending more than it earns on interest payments. As a result of this, and greater losses on currency hedging, pre-tax losses in the first quarter widened to £160 million from £154 million a year ago.
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