Quote:
Originally Posted by Horizon
Just a little titbit of info from the webcast today, VM are currently building out to 300k homes at a cost of £500 per home passed. This time last year the number was at 30k homes.
A question asked to Mike Fries was, could VM accelerate and even expand the build out to more new homes. The answer was that Liberty was pleased with the numbers and take up of services and they could expand and accelerate if they wanted, or slow down if costs were too high.
So, there is a possiblity that the build-out may increased to more homes once this current project is done.
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This is what I've always thought: project lightening is a 5 year, 3 billion pound project. If this returns them 4 billion, why would they stop at 5 years? Obviously it's a waiting game they won't see the money back instantly, but if they forecast it will bring more money in they will carry on. They will stop once the forecasts say there's now too much risk of not earning money from this, so we will stop