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Originally Posted by denphone
Well if that is not a big debt then what is. 
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Considering the way the actual debt is structured and the fact that VM has an infrastructure which is tangible, I would say the debt is sensible.
Quote:
Originally Posted by richard1960
Deep enough probably to stop them adding channels at a fast pace imo, ie unlike sky vm is not sitting on a "cash mountain" i point to the example of it taking 9 months to add sky arts HD and only after the april price increase went through.
To me virgins debt is substantial,now i am well pleased with the tv service it carries all the channels i require now so i am in no way being critical of vm at all,just putting or trying to put a rational argument as to why vm perhaps cannot afford to add new channels as fast as people may like.
To me vm HAVE invested in tv substantially in the past 18 months more HD,sky sports Red Button,upgrading the headends ect,the pace in future may slow a little.
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You are ignoring the fact that VM can fund its operations via its current revenue stream. If that wasn't the case you wouldn't see the core infrastructure investment plus operational investment that VM have consistently made since its inception as a media co.