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MaverickJesus · 24-10-2012, 19:01

The share price will be generally increasing for two reasons, telecommunications is now classed at the same level importance of other utilities, and secondly VMs debt issues have significantly improved, especially over the last few years.

In fact, VM tendered out today to replace $1.25bn of existing high interest debt that's due to mature in the next few years, with lower interest debt due in 2022. The fact that VMs credit rating has drastically improved along with the debt ratio is basically the main reason they have returned to profitability.

You never know, one day they might have cleared enough debt to start giving a **** about the customers...

24-10-2012, 19:01	#52
MaverickJesus cf.addict Join Date: Dec 2011 Posts: 270	Re: Virgin Media Third Quarter 2012 Results. The share price will be generally increasing for two reasons, telecommunications is now classed at the same level importance of other utilities, and secondly VMs debt issues have significantly improved, especially over the last few years. In fact, VM tendered out today to replace $1.25bn of existing high interest debt that's due to mature in the next few years, with lower interest debt due in 2022. The fact that VMs credit rating has drastically improved along with the debt ratio is basically the main reason they have returned to profitability. You never know, one day they might have cleared enough debt to start giving a **** about the customers...