Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hi Nige, I didn’t know they planned to reduce debt with their Vodafone money. That would go against my ideas that John Malone seems to like debt.
Fleccy you might be right they will borrow, but that figure I think is also over 5 to 10 years investment, which problem is no more than they spend today.
As I said a’la Tesla & others debt doesn’t seem to be a problem to these guys.
It’s only an opinion, but I think COMCAST will be the eventual controlling party. Seems like the best match to me, but then again I would have bet big Virgin and Vodafone would combine.
I am pretty sure £300mln is not representative of the money sloshing around inside that organisation.
That looks like £18bln dept to me. Either way agreed it’s a lot of dept, but after watching John Malone for many years, he seems to be able to operate and thrive with high levels of debt. Let’s not forget Liberty may still have part of the European operating sale in their back pocket, that I think was more than £16bln
Not sure where you get £28bln in debt, articles I’ve read say O2 comes debt free & Virgin has 11bkn dept post merger.
Anyway, somehow for reasons I don’t fully understand John malone seems to like debt, he has a history of working round that.
& I said if Virgin continue their network extensions, they lay their own cables, which may or may not include openreach ducts or poles. They have only done this once for a village somewhere. I’m sure they will pick and choose depending which option is best. So no, not they won’t necessarily be using openreach infrastructure.
& now you go all silly again. Virgin doesn’t try and compete with BT in all areas of business & revenue still wouldn’t be a fair measure of competition. Primarily a home bb & tv company. Still expanding , revenue growing (a problem BT has). Whilst BT shrinks by revenue, its competitors grow. They don’t need to become bigger, they just need to take enough revenue to hurt BT. Virgin I think have over 5 million bb customers (roughly), whilst BT all told I think is 7 million?
Sky, Vodafone and every other user of openreach networks are not an advantage to BT, each of those also takes revenue away from BT consumer, when compared to them being actual BT retail customers.
I’d call that pretty stiff competition in the. Home bb market where they compete. Sky and the others take a sizeable chunk away from BT too on the home front.
O2 are now the biggest mobile operator in U.K. SKY and Vodafone probably need to decide where they are going over next 10 to 15 years. If in 10 years time FTTP is what people want BT should have reach and scale. But only if Virgin don’t continue with their rollout they don’t need to care about unprofitable, rural areas.
Wow, so now accepting the current reality your arguments start having some merit.
Competing technologies, competing services different but trying to deliver super fast bb speeds to a market which whether you or me like it is measured but customers and sold by providers on its capabilities & on that point BT are behind.
BTW the power in cabinets / distribution points is also bogus, unless BT have invented telepathic. Monitoring & control.... all these things I guess will need power. Therefore power will be needed.
SDH is bogus & the idea customers have to supply power to convert Virgin fibre to coax to drive their Set top boxes is also silly when the same box is converting fibre to WiFi
Different technologies, different methods both fighting to deliver higher speeds to to homes & business via a standard bb connection. It’s either a race to get there or it’s a waste of investment.
If BT delivers full fibre late 2020’s I wonder whether there will be enough demand to pay for it, given other options, which by early 2030’s will be very well established
& I’m not interested in stock answers about cost savings, because they mean nothing if BT is no longer supplying what customers want or they will be but it won’t be across the £12bln they have just finished deploying.
That’s not true is it, not really, that’s why areas of the country fund their own networks. The actual answer is Virgin can deliver that BB service to nearly 17m homes / premises for a reasonable BB price, rather than fantasy figures you use to defend a biased POV
BT in theory can offer in theory speeds like this but don’t, not as a reasonable bb package.
I’ve already said speeds people don’t need but that doesn’t stop the market trend
I find it laughable you argue all day long that BT out ranks Virgin purely based on foot print therefore availability
Yet when faced with a comparison where Virgin can offer amazing speeds to 17m homes, where BT can only deliver to 4 million homes (still not these speeds) your bias just makes a mockery
Yawn. It feels ridiculous this needs to be addressed
Obviously new networks will not deploy SDH...... it’s pretty much discontinued
Biggest user of SDH in legacy networks? BT? Not that it matters a jot. Bit scary the biased nature on here would lead to a technology conclusion which isn’t an option
It’s best not to listen to this kind of nonsense analysis
As I said home many homes can BT deliver BB speeds no one needs, when compared to its competition ? &. Does that mean BT on this occasion is playing catch-up?
It’s okay lil Rod, you can trust me when I say these are not retired engineers.
Customer will have to pay the electricity bill for conversion from light to electricity.
That’s obviously a massive problem on top of the conversation from light to WiFi......
I think you should stick to stalking & trolling.
There you go again Fleccy
By using context & thinking can easily see I meant to say not powering cabinets is an advantage. The next part of the sentence explains docsis doesn’t need electrical component. .... it’s not difficult, especially when I next detail why the other stuff is not an advantage. Although, I understand some street cabinets are being converted to EV chargers
Fleccy sometimes I wonder whether you deliberately don’t understand the point, or you don’t understand
All you are doing is describing two competing networks, with a ridiculous bias towards only (which doesn’t actually exist yet)
Fibre over coax I agree is technically better, same as Betamax was better than VHS. But VHS was there, easily available & did what consumers needed
Yes a fibre connection could be faster, but the need for that kind of faster doesn’t & probably will never exist. If it did, then the backbone needed to support it would be a challenge. Therefore the capAbility to supply 10/100 or 1000gig in an access layer is bogus for foreseeable future. It’s actually no reason at all.
Powering cabinets is an advantage & with respect to DOCSIS you fail to mention RFOG, which misses out co-ax
The most important part of this equation is business. Yes Access fibre connections could support speeds no one will ever need across a backbone that couldn’t exist but 5 to 10 years time at best
Meanwhile the competing network can offer 1gig+ to 17 million premises today.....
I’m talking home bb because business have different connectivity options up to & including no co-ax
Meanwhile new access networks from BT’s completion are all fibre, not being built at the same rate as BT openreach, but they don’t need to do they?
This is the commercial competition to BT, not your one sided techno babble nonsense or your uninformed technical opinions.
Maybe next time a sensible conversation can be had rather than pretend nonsense about BT’s competition
https://www.google.co.uk/amp/s/www.techradar.com/uk/amp/news/virgin-media-delivers-2gbps-broadband-speeds
Devil in the detail. I’m not getting too excited. Clubs who do this will be kicked out of domestic league & players banned from World Cup... when you put it like that, it’s bad news for the teams & the best players won’t want to miss out on WC glory..... surely?