Quote:
Originally Posted by jfman
I’d be extremely surprised if BT would want to take such a strategic decision while trying to court investors. It’d be easier to roll over the current terms for 12 months and have the new party involved in the decision making process.
As OB says, it’s essentially guaranteed income from a customer base unlikely to subscribe to a standalone service.
That is if the contract is expiring at all.
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It could be that BT want to extend the contract for a relatively short time for the reasons you say (or because they intend to go down the streaming route), but VM want a longer term contract??
I wouldn't pay for it as a standalone product and I agree that most other people wouldn't either.
Since LG bought the company, Virgin have made it clear to channel operators that if things don't go their way, that they are prepared to withdraw channels.
Also, if VM have got wind of a definitive plan to go streaming, they will eventually have to face any backlash from customers anyway, so why not sooner rather than later?