so 90 million, debt to be reduced and how about a special dividend, I guess it is on its way. with a rising share price with all the mayhem about someone knows something. Worth a look at these prices Good luck
Lol! Well I do have to say I'm not the most techy guy on the planet but my points remain valid. Anyway I wont make any more posts on the subject. Suffice to say at the first real possibility of escaping the KC share register and the KC customer list I'll be off!!!
The 'other' provider is hardly off the starting blocks and cannot offer a service as yet. I live in Kirkella which cannot receive Lightstream at the moment. KC chose to offer Lightstream in a deprived area of Hull before reaching the wealthy suburbs! Smaller investment I guess but negligible take up by the poor area! Great business decision! At least your daughter has a choice to sign up to Sky bundle. I don't, just like most of Hull. Some of my family also live in Brough and have fibre which works well. Maybe by 2020 KC will actually finish the job and offer fibre only.I wont hold my breath!! A visit to the KC stadium which is supposed to be a wired venue confirms that it is almost impossible to connect whilst in the stadium! I get a maximum 10mgs into my home which dissipates to even less on arrival into the house. My sister in Wenslydale (the back of beyond) gets 24mgs. I guess the share price reflects how good a company they are. Oh for days of £16 a share!! At least they have recovered from the low of 20p but that was only prompted by the selling of parts of the business. Oh by the way I did manage to sell a decent number of shares at £12.40 so am sitting on profits from KC even if my current holding is showing a loss. I would just prefer to have a real alternative than be stuck in hands of a **** poor monopoly.
I am so put out by the comments that I have to comment. I have had Karoo for years and I live in Brough out side of hull. I am on light stream fibre and its terrific, never goes down and with speeds out of this world. I have contacted the tech support on a few occasions and found them exceptional. Some Hull people think they are missing out on something but some are too stupid to look outside the box at times. My daughter lives in Leconfield and can not get KC services. She signed up to Sky and the service was terrible hardly ever working and their support was at best useless. They never actually got it working and as they use BT lines passed it to them to sort. As for price with sky that just kept rising even though they never got it fixed, at the contract end she left sky for BT. As for mobile, well were with O2 and the internet connection is at best useless on our phones being at all times snail speed. Does the person making his comments not know that although he pays KC its actually BT who maintain the local infrastructure ? I for one thank God for KC as the service and value for money they provide makes us the envy of those who can not get their service. Again the writer does not realise Hull has another provider and they are laying cables in the City as we speak. Go try them and I am sure KC will see you back after you learn your lesson.
It isn't a monopoly though is it ? Nobody is stopping BT, Sky etc from competing but BT, Sky etc.
I have had Karoo for as long as I have had a PC/laptop ( 15 or 16 years or so ) and don't think it's half as bad as you make out. As I said before my other half is from down south and she came from Sky Broadband. She rates Karoo much higher.
Can I ask, if you want them to fail so much why keep shares in them ? Isn't it incredibly hypocritical ?
I actually have ten thousand shares in the monopoly so you would think i would be keen for KC to succeed yet the quality of the company and the service they offer to my local community means i am hoping for a take over at a reasonable price to eliminate both my problems! My reference to 'everyone' was in relation to my friends and family. I can't speak for all the locals but one day we will be free. Like all dictators monopolies eventually get destroyed!!!!
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