Liberty Global's bid appears to have been launched as a result of the pay TV company achieving financial sobriety Virgin Media, against many expectations, has triumphed in its struggle against debt. In 2011, its borrowings were deemed worthy of investment grade - a first in a UK cable industry that for a decade and a half, during its troubled incarnation as Telewest and NTL, was a byword for junk. So, with financial sobriety achieved and borrowings now down to £5bn-ish, it must be time to reloa...
Liberty Global's bid appears to have been launched as a result of the pay TV company achieving financial sobriety Virgin Media, against many expectations, has triumphed in its struggle against debt. In 2011, its borrowings were deemed worthy of investment grade - a first in a UK cable industry that for a decade and a half, during its troubled incarnation as Telewest and NTL, was a byword for junk. So, with financial sobriety achieved and borrowings now down to £5bn-ish, it must be time to reloa...
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