Thread: VM going down the Openreach route
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Old 16-02-2024, 16:18   #4
Hugh
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Re: VM going down the Openreach route
Quote:
Originally Posted by Pierre View Post
https://news.virginmediao2.co.uk/vir...tco-in-the-uk/

Only to be expected, I suppose. Will probably be used as vehicle to leverage debt against.

It can also be used a vehicle to sell the network and lease back.
The link states
Quote:
The entity, which will be a fully consolidated subsidiary of Virgin Media O2 and have a neutral impact on the company’s leverage and credit structure
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