Quote:
Originally Posted by Top banana
Absolutely, 100,000 homes should give them between 37 to 42,000 new customers if they get their normal penetration rates.
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It will be interesting to see what VM's penetration rate is. Its existing 42% penetration rate probably includes a lot of people who have been with VM for a long while. It would be optimistic to think that a similar proportion would convert to VM from other providers because of inertia. I guess it depends on the speeds from VM's competitors in the area and turnover of occupants.
Quote:
Originally Posted by Top banana
Think they have finally realised that they can't simply pass customers between the big 3 and they have to seek new opportunities. They maybe knew this before but didn't have the cash for expansion.
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I think your words in bold sum it up.