Quote:
Originally Posted by Horizon
Well, they're not going to get to 4 million new homes by the end of next year, which was their original plan, so I agree with the view that they're not really interested in expanding their network now. The reason, I believe, is they don't want to spend the money.
I think Liberty is treading water now. It's sold off some of its companies to Vodafone and its looking to offload the rest as soon as the right opportunity presents itself. Owner John Malone is well into his eighties now and is starting to retire from his various roles, so once he goes, so will his empire.
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They may not reach the anticipated target by 2020 but they are still committed to expanding at the right pace and the right price. They have delivered 1.3 million new homes to ultra fast connections. Whilst BT and the other alt-nets talk a good game they have delivered little so far.
VM hasn’t had a cent of government money, so it has to ensure it all makes commercial sense.
In regards to the future, who knows, Malone is on record as saying his senior management has first refusal on his shares when the time comes.
---------- Post added at 12:56 ---------- Previous post was at 12:54 ----------
Quote:
Originally Posted by Onramp
Well, if you're sure... you might have a better source than me - I'm just speculating, after all.
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I don’t have a better source
I’m the better source