Quote:
Originally Posted by Top banana
Interestingly one of the strongest stock market performers over the last 4 years has been Virgin Media. On 2nd March 2009 they were $4.11 and today sit at over $47.
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Hardly surprising, times of economic hardship necessity providers will generally but not always do well and Virgin Media has a unique monopoly on cable services in the UK and for some reason is not being forced to wholesale any of its monopoly unlike its main contender BT being forced to wholesale both telephone and broadband. maybe that's something that will change in the future but as I see it Virgin Media has held a countrywide monopoly on cable for far to long, just as sky has been allowed to retain a monopoly on satellite for no good reason.