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Old 13-05-2011, 19:53   #202
TheDon
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Join Date: May 2007
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TheDon has reached the bronze age
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Re: Virgin Media lack of tv investment

Quote:
Originally Posted by richard1960 View Post
Virgin media are.

http://investors.virginmedia.com/pho...85&p=irol-debt

Current debt as of end of march 2011.
3.7x OCF is nothing.
VM also have £8.6bn in assets.
"deep debt" is not a term that can be used to describe it. Hence why in 2 years their shares have rose 5x in value.

Quote:
Well i am not party to wether vm can fund its current operations totally from their current revenue stream
Yes you are.
Their accounts are public.
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