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Originally Posted by tvtimes
Exciting stuff! It's going to take years to deploy and I don't see how their debt constraints are going to help with the matter, they simply haven't got the money to enable a full scale role out anytime soon as far as I can see? It's a shame someone can't come along and wipe the slate clean so they can start afresh and investing in the future of our country. But this and their new roll out announcement is a step in the right direction for sure.
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What debt constraints? LG are incredibly good at managing debt and raising finance. In the last 18 months alone, they have bought VM for 16billion, Ziggo for 9.4 billion, 481 million for stake in ITV, 183 million euros sorting out some competition stuff in Germany, announced 3 billion VM investment and on top of all that they are in the middle of a 3 year plan to buy back 6.5 billion dollars worth of shares.
Yes they have loads of debt but it's mangagable debt
They are very canny in what they invest in and even if the slate was wiped clean, I doubt they would invest in rural areas.