Malcolm Wall quits Virgin Media
04-03-2009, 17:05
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#1
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Join Date: Jul 2006
Location: Media Boy UK HQ
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Malcolm Wall quits Virgin Media
Quote:
Malcolm Wall, chief executive officer of Virgin Media's content division, is to stand down.
Wall, who has been at the cable company since 2006, has decided to "pursue other business interests".
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http://www.broadcastnow.co.uk/news/2...gin_media.html
Admin edit (Chris): Please DO NOT copy and paste whole chunks of copyright material into your posts. A couple of sentences and a link is enough.
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04-03-2009, 17:44
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#2
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Re: Malcolm Wall quits Virgin Media
phaps he didnt want to go down with a sinking ship lol.
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04-03-2009, 18:41
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#3
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Re: Malcolm Wall quits Virgin Media
Or maybe as he heard his division may well be being sold he wanted to move on.
VM as a whole is going nowhere apart from possibly another cableco / private equity company at some point.
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04-03-2009, 19:43
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#4
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Re: Malcolm Wall quits Virgin Media
who is malcolm? why the news make such a big deal of an un heard of guy? who cares who works there as long as the cable internet keeps coming in at the good speed that it does
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05-03-2009, 11:06
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#5
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Re: Malcolm Wall quits Virgin Media
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Originally Posted by Broadbandings
Or maybe as he heard his division may well be being sold he wanted to move on.
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Well why continue with something that's not a core part of your business. It makes sense to offload it and free up some cash.
NTL as it was did this before selling off its Broadcast Division and it's Republic of Ireland operation the cash from which went towards funding the merger with Telewest and buying Virgin Mobile thus forming the company in it's current form.
The TV side of things came with Telewest, and was not an NTL business. NTL decided long ago 1999/2000 that they wouldn't go down the content road after they failed in acquiring premiership football rights.
Virgin Media want to concentrate being a carrier of content not a provider of it.
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VM as a whole is going nowhere apart from possibly another cableco / private equity company at some point.
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Where do expect them to go, they are already the countries leading broadband provider. The technology and network is far better then their nearest rival.
The only limiting factor is their coverage, in the future they may well be bought out by another company or indeed they may buy another company. The same could be said of any other telco.
In the past couple of years we've already seen Fibrenet, Yourcoms, Thus and Energis be gobbled up by Global Crossing and C&W.
VM is a strong business, there are many options on where they might go from here.
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06-03-2009, 10:06
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#6
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Re: Malcolm Wall quits Virgin Media
Quote:
Originally Posted by Pierre
Where do expect them to go, they are already the countries leading broadband provider. The technology and network is far better then their nearest rival.
VM is a strong business, there are many options on where they might go from here.
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I wasn't being negative, and have to point out that Virgin Media are not the leading provider, due in no small part to their coverage, and are actually losing market share in their cabled areas.
I was just pointing out that VM isn't going to be a 'sinking ship' any time soon though I do fully expect it to be acquired within the next 3 years, only reason it hasn't been already is credit issues. The company has a nice wodge of income tax losses to be taken advantage of by a potential suitor and is a good value purchase even factoring in assumed debt.
On the other side of the coin be good to see this 'far better technology and network' more in evidence rather than doing 'BT + a bit'. And no I don't consider 50Mbit with less upload than ADSL2+ as evidence, especially as 40/15 is a year or so away from the inferior network
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06-03-2009, 10:06
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#7
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Re: Malcolm Wall quits Virgin Media
Quote:
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who is malcolm? why the news make such a big deal of an un heard of guy? who cares who works there as long as the cable internet keeps coming in at the good speed that it does
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Hardly BIG NEWS it is an article on a sepcialist site! And if your not interested dont post..
Its the people that work there that makes the broadband 'come in'
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06-03-2009, 11:35
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#8
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Re: Malcolm Wall quits Virgin Media
Quote:
Originally Posted by Broadbandings
I wasn't being negative, and have to point out that Virgin Media are not the leading provider, due in no small part to their coverage, and are actually losing market share in their cabled areas.
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Depends how you are defining "leading". By customer numbers alone then, yes, obviously BT are still No.1 as they have the coverage.
But if you define leading by the product, speed, and quality of network, then you have to say it's Virgin.
Quote:
1 BT PlusNet, Madasafish, Waitrose ISP 4,600,000
2 Virgin Media NTL, Telewest, Virgin.net 3,836,100
3 Carphone Warehouse Talk Talk, AOL, Opal 2,800,000
4 Sky Easynet, UKOnline 1,792,000
5 Tiscali Pipex, Freedom2Surf, Toucan 1,774,000
6 Orange 1,063,000
7 Kingston Communications Eclipse Internet, Karoo 203,000
8 O2 BE 194,220
9 Thus Demon 126,000
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http://www.special.co.uk/Research/Br...B/Default.aspx
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