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Old 12-12-2023, 14:04   #65
Pierre
The Dark Satanic Mills
 
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Join Date: Dec 2003
Location: floating in the ether
Posts: 13,296
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Re: Virgin Media price rises break the law

Telcos are feeling the squeeze. The COVID years were salad days.

A lot of people has more disposal income and people working from home needed fatter, faster and better broadband.

But COVID ending and inflation arrived.

In a 180, speed of light turn. Suddenly people are saving money, cancelling subscriptions, choosing lower tariffs, Keeping older phones etc. Switching to Altnets.

VMO2 have taken a massive hit to their Cashflow, as I'm sure every other telco has.
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