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Old 22-02-2016, 11:07   #69
Kushan
FORMER Virgin Media Staff
 
Join Date: Dec 2010
Location: Warrington
Posts: 4,737
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Re: Liberty Global 2015 Results - 16 Feb

Quote:
Originally Posted by tweedle View Post
Virginmedia didn't build any networks, TELEWEST and NTL did (an some other cable co's)NTL then bought out TELEWEST and rebranded as VM. They also spent over £6billion between them building it, far over budget due to poor contractors and bad planning.
There's a big difference between a privately built network being bought out by a private entity and a publicly built network being privatised, then still having public money invested into it. This was all part of the package when BT became private, they knew full well that as the de-facto monopoly, they would face scrutiny from OFCOM. Virgin doesn't have any kind of monopoly, there are literally no areas Virgin is present without competition, so they can do what they want with their network.

Quote:
Originally Posted by tweedle View Post
TELEWEST built a lot of its network.
And then sold/merged that to another private entity. If you build a house, then sell it to another person, you're not expected to let the public come in to view the garage, are you? It's still private property, even if it's a mansion. Conversely, if you buy an old, dilapidated mansion and apply for grants to refurbish it, expect conditions to be attached to allow for public access.
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