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Old 07-02-2013, 00:17   #249
Pierre
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Re: US Cable Giant Liberty Global buys Virgin Media

Quote:
Originally Posted by Chris View Post
Yes, but you always have to make debt repayments whereas you can withhold dividends if need be. NTL's problem throughout the late 90s and early noughties was that it had too much debt, such that there wasn't any money for important investments that were essential to keep the offering fresh and appealing to customers.
Yes, but back then we didn't have the revenues to finance the debt.

Until this deal we had a debt of around 5-6 billion but revenues far in excess of that.

As an investible opportunity I think we have matured, this is the next logical progression. as a VM employee I think it's a real opportunity and may open up a few career doors.

---------- Post added at 23:17 ---------- Previous post was at 23:14 ----------

Quote:
Originally Posted by BenMcr View Post
Happy to be corrected, and I don't think in just TiVo or broadband terms. But I have never seen or heard ROI mentioned when talking the company talks about 'our network' at any point.
Well I'm sure you've seen high level network maps and stuff?

We have a cable that goes across the Irish Sea from Lytham to Dublin.........................
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