Re: Will VM be short for Vodafone Media?
I reckon Liberty and Vodafone may set up a new company and put Virgin Media, Vodafone UK and the German cablecos within it. Perhaps they might add in Liberty's other European cable assets too.
If Vodafone and Liberty don't want to merge and if Vodafone doesn't want to split into two, I don't see how else they can do this.
They could then, if they go the John Malone way of running things, leverage off VM's debts, thus avoiding a tax bill. John Malone hates paying taxes.
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