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Old 01-02-2011, 09:36   #733
Chris
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Re: 20 Mb/s to 30Mb/s free upgrade

Press releases that have implications for the City go out at 7am so they are available when the exchange opens. I think you'll find that consumer news releases go out at any and all times of the day.

It's doubtful that this ranks highly enough as a product launch to be on the 'must go out at 7am' critical list. I can't see it having any measurable impact on the share price. In any case, Virgin Media's primary listing isn't in London, it's in New York, so I would assume their critical time of day for price-sensitive announcements would be nearer lunchtime to coincide with the opening of the markets over there.
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