Quote:
Originally Posted by Toto
It will only be a much wider expansion when cheap money is available. VM are still in debt to the tune of Billions, and with only 150-160M coming from the sale of its TV business, you're not likely to see a massive expansion program for the next 5 years at least, if at all.
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Yes they are still in debt, but a recent restructuring of the debt has enabled them to delay payments until 2015, they have also recently paid off a big wedge.
OCF is up quarter on quarter. I agree that it is unlikely that you will see a "massive" expansion program but they will continue to expand modestly.
The scoping report for opening up BTs network was released a few weeks ago, and VM are already undergoing a trial to deliver fibre overhead.
In regards to LLU and RF over glass, Ineveitably the aim would to be to install FTTH and provide all services over IP...... one day.