Quote:
Originally Posted by Telly Bear
This could definately happen.
KKR who own Boots is in the process of selling boots for around £14billion in total in a deal that may take 5 years to complete. KKR are also looking to take over EverythingEverywhere.
Unfortunately breaking up part of boots an 1000's of job loses all happened under KKR. They a private equity investment group, they won't want to own EE or VM for much more than 3-5 years. Also if this goes a head don't be surprised to see VM open up their network to others. All they will want to do is strip down/cut cost/ sell for profit.
You may even end with something like perhaps, "VM Networks" or "UK Cable" managing the network and reselling it to other companys. An "VM digital" or something similar selling the normal things VM do now one of them will be lumbered with all the debt,
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Opening the network doesn't work very well neither does communal TV, over subscribing will be the cause and Virgin Media will undercut rival firms badly as Ofcom will not be able to regulate pricing on non-BT companies. NTL have already tried something with AOL and it was a disaster. They previously had communal TV in southampton and other areas, that too created problems.
Virgin Media's network in Westminster,Milton Keynes and barbican is owned by BT Global and is unregulated by Ofcom and is leased by Virgin Media, they were able to roll out Broadband in Westminster, however this network sharing is also a disaster and BT will not upgrade the network leaving many homes unable to get Digital TV, there is limited options in Milton keynes. Westminster and Barbican now remain unused, waste of cable!