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Old 15-02-2015, 00:34   #67
1andrew1
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Re: Virgin Media to build again

Quote:
Originally Posted by tvtimes View Post
Over the last couple of years there has been thousands of jobs go at VM.
Saying something doesn't make it correct, you need to prove it.
The employee numbers for Virgin Media Ltd per their accounts are:
31/12/2013 14,074 (Change +722)
31/12/2012 13,352 (Change +265)
31/12/2011 13,087 (Change -206)
So, there have not been thousands of net job losses. What are your figures?

---------- Post added at 23:33 ---------- Previous post was at 23:30 ----------

Quote:
Originally Posted by tvtimes View Post
But it's still debt, there's just good at moving it around. They won't be cabling the rest of the nation any time soon if at all. These little roll outs and trials are a drop in the ocean compared to what's needed. They can't just keeping piling on more and more debt when there is no guarantee of a return. It's look like they are living beyond their means. I understand they are a LG are a humongous company and can service the debt by spreading it out amongst their other companies but it looks like they are spending money where they don't need to?
What is your business case that says they won't earn the money back? Their lenders have been convinced to the tune of £3bn that they are correct. VM have published their case and I've summarised it earlier in this thread.

---------- Post added at 23:34 ---------- Previous post was at 23:33 ----------

Quote:
Originally Posted by Ignitionnet View Post
I have been speaking with people and have another angle of attack in mind.
Cool, good luck.
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