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Liberty Global has bought Virgin Media
Now the World's biggest Broadband Company

 1:59 pm on Feb 6, 2013 (gmt 0)

US billionaire John Malone's cable group, Liberty Global, has agreed to buy the UK's Virgin Media in a cash and stock deal worth $23.3bn (15bn).

The deal will create the world's largest broadband company, with 25 million customers in 14 countries.

[edited by: engine at 4:19 pm (utc) on Feb 6, 2013]
[edit reason] added quote [/edit]



 4:21 pm on Feb 6, 2013 (gmt 0)

I know that sky has been pushing real hard in the UK for customers, and, as I undersrand it, it's struggling to manage the growth.

It and the others offering broadband need some real competition, but i'm not sure this will really do it without significant investment in infrastructure.


 8:02 pm on Feb 6, 2013 (gmt 0)

I would say that Virgin already has the infrastructure in place. I use their XL broadband and I don't think anyone can match it.


 12:54 am on Feb 7, 2013 (gmt 0)

Virgin only covers a small part of the UK - mainly cities and large towns. Some areas (including where I live unfortunately) won't be worth cabling for the foreseeable future. BT just installed "fibre to the cabinet" in our area, but bypassed the cabinet that serves our road because it is "not commercially viable". 300 yards away in the next street they have it.


 9:39 am on Feb 7, 2013 (gmt 0)

They only cover some parts of Britain for cable but they offer "high speed" broadband nationwide through your phone line.

I live in a fairly rural part of Scotland and this is cabled but maybe we were just lucky.

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