Quote:
Originally Posted by jungleguy
Share price down 40% over a 6 month period, Morgan Stanley has recently flagged the Liberty Global stock as being over valued citing Virgin Media as being uncompetitive, thus stock market needed a reaction, and redundancies made.........complete nonsense as its senior management's mismanagement that has caused this mess.
VM has put its eggs in one basket, thinking the number of customers that want 200mb broadband is greater than the number that want a good deal......far from the reality.
And I understand its a pretty miserable company to work for......personally I think Richard Branson is full of more hot air than one of his balloons.
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I'm really not sure how much Richard has to do with the management of VM, other than the ads......
Would be interesting to hear his view on how the brand is being damaged by the poor service through congestion/overselling/under capacity issues. You only have to look in the speed section of the VM Help forum. No shortage of angry customers there, including me.....