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Re: Huge network investment
I have to admit LGI continue to impress me. I have for a long time hoped they would acquire Virgin Media in the hope they would do what they have done in Ireland and continental Europe - invest heavily in the network.
They seem to be doing just that. In an era when companies are too busy either borrowing money or burning cash to buy back their own shares and prop up their share price (I'm looking at IBM, Oracle, BT and others) a company that is willing to spend heavily on CapEx is an increasing rarity.
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