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Liberty Global in move to buy Virgin Media
Tuesday 05 February 2013 09:05:58 by Andrew Ferguson

The Financial Times has the news that Liberty Global is in the process of making a bid for the Virgin Media group.

Liberty Global is a US based operator which owns cable networks in some 13 countries with 20 million customers in total. The US billionaire John Malone who is behind Liberty Global has previously made attempts to buy NTL.

While Virgin Media is linked to Sir Richard Branson's Virgin Group that group only has a 3% stake in the business receiving an annual royalty payment for the use of the Virgin name.

Comments

Posted by pcoventry76 over 4 years ago
So we can all end up with 250GB caps and double the price like in the US

Great! :/
Posted by adslmax over 4 years ago
I think u can leave without a penalty fee if virgin media had brought out to different company. I am not surprise as virgin media still in bad debts.
Posted by andrew (Favicon staff member) over 4 years ago
@adslmax I doubt that would be the case.
Posted by pcoventry76 over 4 years ago
I don't think so either.
Posted by pcoventry76 over 4 years ago
Unless that resulted in higher charges which you could then leave.

I am talking to them right now about leaving because of my slow speeds
Posted by otester over 4 years ago
@pcoventry76

Maybe take a look at UPC Netherlands for a better example...

No more STM.

Regardless they can't do much worse than the current owners.
Posted by pcoventry76 over 4 years ago
Well when you put it like that I hope it makes an improvement

Ive just paid my disconnection fee and will be leaving in the next week or so. Off to a house with infinity
Posted by otester over 4 years ago
@pcoventry76

Just don't make the mistake of going with BT Retail to get FTTC, go with Sky (best option) or at least a BT Wholesale provider like Zen etc.
Posted by Joppy over 4 years ago
This goes some way towards explaining why virgin have gone for providing quality headlines instead of a quality service the last few years.
Posted by fastman over 4 years ago
otester the only difference is the commercials and the service wrap - the techical speed will be unchanged from a network perspective
Posted by otester over 4 years ago
@fastman

Incorrect, backhaul is ISP dependent.
Posted by djfunkdup over 4 years ago
Not had any probs here with my VM120 connection . http://www.speedtest.bbmax.co.uk/results.php?t=1360100165&v=18681975 Does what they say it will do 247.interesting news regarding the story in hand :)
Posted by finaldest over 4 years ago
deal is done. Boards approve deal.

http://video.cnbc.com/gallery/?video=3000146065&play=1
Posted by otester over 4 years ago
@djfunkdup

Issue is generally in urban areas which means congestion.
Posted by djfunkdup over 4 years ago
re:otester ..Based in Glasgow city center here..As urban as you get :),Yea i agree some have issues but in general most don't ..
Posted by Joppy over 4 years ago
djfunkdup, London here and most do. Look at Bristol which has been congested big time for well over a year. Virgin Media is known as a congested and jittery broadband to most.
Posted by djfunkdup over 4 years ago
re:Jobby ..Your deluded m8.
Posted by otester over 4 years ago
@djfunkdup

One major factor is who originally built the network as VM is the result of many cable networks merged together.
Posted by djfunkdup over 4 years ago
hey otester....think it was NTL here before VM
Posted by otester over 4 years ago
@djfunkdup

Telewest is the merger of Croydon Cable (Telewest), Birmingham Cable, Cable London, Eurobell & SBC Communications

NTL is a merger of CableTel (bought and then used NTL name), Comcast UK, ComTel, Diamond Cable, Cable & Wireless.

Virgin Media is the merger of NTL:Telewest and Virgin.net.
Posted by brass4thing over 4 years ago
I just read their press release.It makes it very clear that they don't give a damn about their customers except as milch cows for so-called "shareholder value", which translates as lining the pockets of their directors. That is the "business model" that led to the present global economic disaster. Thinking of switching.
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