Virgin 'to sell' business division

[Stephen]

Originally Posted by tvtimes

I would have thought this was always on the cards considering they didn't rebrand the business sector too. It was very strange how they almost kept it as a seperate entity.!

The reason for keeping Business as NTL: Telewest was due to Virgin never having been in the Business 2 Business market before and weren't too sure if it would work. Although its NTL: Telewest Business(Part of Virgin Media) I am still employed by VM and have an @Virginmedia email address.

Originally Posted by tvtimes

So they want to concentrate on residential aspects of the business? That can only be good news. £600m is a lot of money and if they manage to sell off their UKTV arm aswell, well they stand to make a ridiculous amount of money from that too. They might use the money to upgrade areas stuck in the dark ages! Here's hoping! Or they might invest it in other areas like IPTV or customer services etc who knows but they must be trying to free up some capital for something.

Well IPTV is something that will be launching within the next year I think.

[tvtimes]

Originally Posted by Arthurgray50@blu

It would not surprise me one bit, if it wasn't Sky, there was a strong rumour a couple of months ago, that they offered £600 million for it, therefore it could, then they could go for the kill, and get the whole lot, don't forget, a thread l started last month, that they were running tests on cable boxes, l believe in Swindon.

It says in the very link it's going to cable and wireless!! Sky wouldn't be allowed to buy it.

---------- Post added at 15:13 ---------- Previous post was at 15:11 ----------

Originally Posted by Stephen

The reason for keeping Business as NTL: Telewest was due to Virgin never having been in the Business 2 Business market before and weren't too sure if it would work. Although its NTL: Telewest Business(Part of Virgin Media) I am still employed by VM and have an @Virginmedia email address.


Well IPTV is something that will be launching within the next year I think.

Cheers for that.

I hope they do intend to invest the money into IPTV they stand to make a lot more money because of the extra coverage than they do now if they go down this route.