Quote:
Originally Posted by Mr K
Whatever the increase, it won't make up for the thousands of customers they are losing. Along with their latest poor downgraded 360 tv box, it's a company in trouble. Liberty Global (aka VM) shares down 50% in the last 5 years.
First I was with Bell Cable Media, then Cable and Wireless, then NTL, then VM. Who next? Poundland Cable ?
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It’s a very competitive industry that demands massive investment annually just to stand still let alone grow.
It’s not in trouble, this run of results is in line with expectations and shareholders are fully aware.
The next few years are going to continue to be volatile, as the company reorganises itself into a NetCo, ServeCo, PropCo model, and while the Altnet boom declines and consolidates.
It’ll be quite a different landscape in 5 years and the company will still exist but perhaps not exactly in its current form.