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Re: VM going down the Openreach route
Quote:
Originally Posted by Pierre
Well that's what they say now. But one of the reasons you wrap your assets into a PropCo or NetCo. The NetCo can take on the debt separate from the parent company.
There are also Tax advantages...(obviously)
It also makes it easier to sell.
It's financial dark arts, which shouldn't really impact the day to day running of things, but gives LG (and possibly Telefonica, but as the mobile half of the business isn't involved, I don't know) shareholders options in the future.
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In the part i work in it is seen as a very positive move indeed 
Keeps me in a job for a long time as i soon could be even more busy than i am now.
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So you all voted for Labour and now you are shocked they resort to stabbing the pensioners and disabled in the back. Shame on you.
Online Safety Bill, The scammers new target.
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